Transferring Wealth Part 1 | 5 Ways to Prepare the Next Generation for Success

There are lot of questions, worry and anxiety surrounding leaving an inheritance. How do I prepare my kids to be good stewards of this wealth? How can I make sure the money doesn't create entitled kids? Do I tell my kids how much I'm worth?   Dr. Richard Orlando, Founder of Legacy Capitals, joins the podcast to share his expertise on how to successfully pass on wealth to the next generation. In this Part 1 of our discussion, Rich focuses on five things you can do to jumpstart the conversation with your family about wealth, including defining the purpose of your family wealth, how to start and evolve the conversation about wealth with your kids, gifting, and how to raise happy children.   About Legacy Capitals: www.legacycapitals.com   Rich's book is Legacy: The Hidden Keys to Optimizing Your Family Wealth Decisions   Learn more about Monument Wealth Management at: www.monumentwealthmanagement.com   Important Disclosures: https://monumentwealthmanagement.com/disclosures