My last two blogs have been on Heritage Planning and last week we looked at some thought provoking questions to consider. This week we will cover the first 6 of the 12 Elements of Preserving Family Wealth.
Last week I introduced the process called Heritage Planning and its importance. If you missed it, I would invite you to go back and read how estate planning has a 90% failure rate by the third generation if Heritage Planning is not included in estate planning. By including Heritage Planning, you don’t have to choose […]
Wisdom, Family Values, Money…if you could only leave two of these things to your children, which ones would they be? We’ve all heard of Estate Planning, but how about “Heritage Planning?” Today, and for the next few weeks, I’d like to talk to you about Heritage Planning.
PROVERBS 20:21(NASB) AN INHERITANCE GAINED HURRIEDLY AT THE BEGINNING WILL NOT BE BLESSED IN THE END. An estate is comprised of everything you own—cars, homes, other real estate, checking and savings accounts, investments, retirement accounts, mineral rights, life insurance, personal possessions, collectables, etc. Estate Planning includes protecting these assets while living, as well as pre-planning […]
Last week I covered the 12 different areas of financial planning I personally see on a daily basis that need addressing. This week I will finish up with Biblical financial planning by covering the 5 steps to set and achieve your financial goals.
If you ask ten different people what financial planning is, you may very well get ten different answers. That’s because financial planning is very complex and covers many diverse areas. From my 29 years of experience here are 12 different areas of financial planning I personally see on a daily basis that need addressing. I […]
I know a thing or two about investing. Next month will mark 29 years of professional investment experience for me. The most important thing I’ve learned in this profession is to always follow Biblical guidelines while investing. It prevents much stress and heartache. The scriptures I have mentioned above give us a clue into the […]
Thinking long-term means more than setting goals. It means being conscious and mindful of your actions and their impending consequences. While I am thinking about this issue from a financial standpoint, there are many other parts of your life that are affected by short-term versus long-term thinking. Think about the successful outcomes of longevity in […]
It’s Good Friday, the day that our sins were wiped clean. Where would we all be, who would we all be, if Christ had never come? This past week and upcoming weekend are an annual reminder to re-evaluate our spiritual life.
Biblically, the act of writing means a great deal. It gives it priority, attention, and creates contemplation. Writing down your goals, desires, and beliefs is very much a Biblical Principle, as you can see from a few of the scriptures above. When you identify your goals and write them down, you are making a commitment […]