Generational Wealth: How Not to Spoil Your Kids

Episode 2 in our 3 part series on generational wealth. We discuss one of the top concerns for families: how not to spoil your children and grandchildren. These concepts apply to everyone with kids!Stewarding wealth, like anything else, requires training over time, not just a one-time meeting or estate planning document. In this episode we discuss how to build the next generation of great wealth stewards using 5 key principles:Engaging the next generation in decision making while they are kids!Getting involved in philanthropy togetherInvolving your children in investment, tax and wealth planning discussions in their 30s (or sooner!)Demonstrating how your values impact business and family decision makingDiversification is critical as you pass wealth from generation to generation<br/>Learn More: https://www.thecapitalstewards.comHave investment or financial planning questions? Schedule time with a member of our team: https://www.thecapitalstewards.com/contact© 2023 Capital Stewards, LLC. All rights reserved. Capital Stewards, LLC is a registered investment advisor. Capital Stewards is a Huntsville Financial Advisor. Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned  is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.