Ever wondered how to navigate the complex world of preserving family wealth? Discover the answers as guest experts Mitzi, Alan, and Sheila help decode common challenges like lifestyle inflation, tax and succession planning, and the necessity of a family governance system. Uncover the critical rule of never airing your family's dirty laundry in public, and learn to effectively steer through changing economic and political landscapes. Gain insights into mentorship and preparing the next generation, crucial components of managing family wealth.The conversation doesn't end there. In our second segment, we delve into the secret sauce - passing on financial wisdom and values to the next generation. Be inspired by a family who included a preventive clause in their will to avert sibling disputes and learn why it's vital to instill a spiritual value system over a purely financial one. Discover the meaning of stewardship in understanding money and the role of philanthropy in a family's legacy and wealth preservation strategy. Get practical tips on how to pass on financial wisdom, be it through newsletters or giving clubs, and craft a lasting family legacy. This episode is a treasure trove of knowledge for anyone seeking to preserve and pass on their family wealth successfully.🎙️ Follow & Connect with Us Stay plugged into the movement. 📺 Watch full episodes and behind-the-scenes clips on YouTube → @entrepreneurial_empire 📸 Join the conversation on Instagram → @entrepreneurial_empire_ 🌐 Explore our consulting services → entrepreneurial-empire.com Subscribe, share, and keep building your empire with us. 💥

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