Weekly Legacy Planning Tips 1/2/2024

Weekly Legacy Planning Tips

January 02, 2024

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Trivia Question❓

In the world of personal finance, what is Legacy Planning?

Answer at the bottom of the newsletter

Quote of the Week

"Legacy is not leaving something for people. It's leaving something in people." - Peter Strople

Tip of the Week

One fun and useful tip for Legacy Planning is to create a "Legacy Jar." Set aside a jar and decorate it with meaningful quotes or images.


Each day, write down a happy memory, a lesson learned, or something you are grateful for on a small piece of paper and put it in the jar.

Over time, the jar will become a collection of all the positive aspects of your life and experiences.

It can be a wonderful gift to pass on to future generations, allowing them to learn from your wisdom and find joy in the simple moments.

Interesting Facts

  • Legacy Planning is not just for the wealthy: Many people assume that legacy planning is only necessary for those with substantial wealth. However, legacy planning is important for individuals of all financial backgrounds. It involves not only managing and distributing assets but also considering your values, wishes, and how you want to be remembered by future generations.


  • It includes non-financial aspects: Legacy planning typically involves more than just financial matters. It often encompasses leaving behind a lasting impact through charitable giving, philanthropy, or even passing on family traditions, values, and stories. Legacy planning seeks to preserve and pass down not only wealth but also personal and family legacies.


  • It can help minimize family conflicts: Legacy planning allows you to make important decisions in advance, such as who will receive certain assets, who will be responsible for managing them, and how potential conflicts will be resolved. By clearly outlining your wishes and ensuring all family members are aware of your plan, you can potentially reduce conflicts and disputes among beneficiaries after you're gone.


You Deserve a Laugh

Why did the scarecrow attend a Legacy Planning seminar?

Because he wanted to leave a lasting impression even after he lost his straw!

You Are Invited!

Stan Miller is a nationally recognized estate planning attorney, a #1 Amazon best-selling author, the co-host of the Your Life Your Legacy podcast, and one of the cofounders of Wealth Counsel, the largest estate planning software program used by estate attorneys.

Join us live and discover:


The questions you should be asking older generation family members.

The conversations you should be having before it's too late.

And a whole lot more!


Join us Grow, Preserve, and Protect your Legacy!


Date: January 18th, 2024

Time: 12-1PM Eastern time

Place: Zoom

Register HERE

💡 Answer to Trivia Question:

Legacy Planning is a financial strategy that involves preparing for the transfer of one's wealth, assets, and values to future generations or charitable causes after their death. Legacy planning goes beyond traditional estate planning by focusing on creating a lasting impact and leaving a meaningful legacy.