In this episode of Activate Your Wealth, David Murdoch discusses the critical aspects of preparing the next generation for wealth inheritance. Key topics include:The importance of financial education for children in today's digital economyHow different generations approach money and wealth differentlyPractical strategies for teaching children about saving and investingThe role of structures like testamentary trusts in protecting family wealthWhy binding financial agreements matter in modern wealth planningHow to have meaningful conversations about money across generationsBalancing support with responsibility when transferring wealthDigital alternatives to traditional saving methods for today's youthSpecial considerations for family members with unique challengesThe "joy of giving" versus waiting until inheritanceDavid shares practical examples, including how small, consistent contributions can build significant wealth over time, and why understanding the "why" behind inheritance is crucial for recipients.You can get in contact with David Murdoch on LinkedIn https://www.linkedin.com/in/davidsmurdoch/Or you can reach out to Paxton Bridgehttps://www.linkedin.com/company/paxton-bridge/https://paxtonbridge.com/---------------------------------------------------This podcast has been produced by: https://podcastsdoneforyou.online

Ver todos los episodios