Have you heard people talk about how they want to build a legacy? Mention they want to set their family up for ‘generational wealth’? That all sounds good. But how do you actually do that? Have you ever thought about what comprises “a legacy”? In truth, only those that know us will remember things about our personalities, Read More
Insights
You Should Buy a Rolex
In today’s society, status symbols are everything. They help us feel confident, showcase our personality and allow us to project wealth. Real or perceived we all want to be or at least appear wealthy. Why? Wealthy people have nice stuff. They drive nice cars and live in fancy houses. They have fun. We want to live in a fancy house and have fun, Read More
All Expenses Are Not Created Equal
You know what? All expenses are not created equal. It’s true. Some expenses are better than others. I like to bucket them into four categories. They are: Destructive (beer)Consumptive expenses (travel, food)Protective expenses (insurance, emergency fund)Productive expenses (investments) Destructive expenses are those that Read More
Choose a Family Trust Over a Will
One of the best decisions you can make to secure a better future for your family is to set up a family trust. What is a family trust? A family trust is a legally binding document that covers an individual’s assets throughout their lifetime and specifies the terms of disbursement after they pass X. Family trusts can best be understood in contrast to a Read More