Wisdom for Your Kids and Grandkids

With the Trump administration now sworn in, there are numerous debates on whether the estate tax will be repealed. The focus of the debates is often what a person has a right to pass on to his or her kids and grandkids and whether family fortunes can remain within the family regardless of who earned them.

These debates are necessary ones. However, when people are given a choice between passing onto their kids their money and possessions or their wisdom and life lessons, they overwhelmingly choose wisdom and life lessons. In other words, would you rather be remembered for being financially better off than those around you or for being a person of uncommon kindness, wisdom and strength of character?

As a professional in the areas of grief, loss and transition, I have heard from many people about what they want to pass along to their loved ones.

 

Your Legacy: More Than Dollars

Certainly, money is important. But significance does not necessarily come with wealth. It comes from making a difference in the lives of others, having an impact, leaving the world a better place and creating a living legacy that survives our physical absence.

He ended with his most important message, that although he was imperfect, he loved them deeply and always did his best to show it.

Some people are able to do this in public and prominent ways. For most of us, though, it is accomplished in our personal relationships, and especially within our families. We pass on who we are, what we believe in and what we dream for our descendants.

This passing on of a legacy can be enhanced as we hear the eulogies, stories and memories that are told when a person dies. However, the deceased has no control over what will be said and those words are often forgotten before long. You may wish to create a legacy in a more conscious fashion, by taking purposeful actions now to pass on the wisdom and lessons that are most important to you.