The most common answer I get is happiness. Is that really what we want for our children? I am sure that is part of the answer, but what do most Christian fathers and mothers most want for their children?
A love and devotion for Jesus, right?
Why is this question relevant to Estate Planning?
The Williams Group did an extensive study and found that: “Involvement of the child in family philanthropy provides the heir with an entire series of observable and understandable “interfaces” between the child’s family and the family’s relationship to the outside world…the interface between the child’s family environment, and the environment of others.”
Wealth is a magnifier of what it right, and also what is wrong. It is a key method of demonstrating who you are and what is important to you. We believe that your attitude toward charitable giving can be the most important method of teaching your children and modeling to your children Godly virtues.
It is the principle reason that our planning process focuses on your Godly virtues. It bears repeating, the whole issue of giving or philanthropy is the most important method of raising your children in Godly virtues and creating a legacy that is impactful. Having the children, at whatever age, participate in the decisions and research and actual giving is critical so that they buy into your virtues.
I have discovered over the past several years that there is not a better method of assuring your legacy than creating a Giving Plan for your giving. It is not just a plan, but also a process of involving the family in every aspect of your philanthropy. It must be done deliberately and with a careful detailed approach.
For more information on how Kardia can help you build an enduring family legacy, please contact us or call 303-752-0590.