Individuals can take a broad range of actions to leave behind legacies, but too many believe "traditional" estate plans are the only option. Author Mark Weber proposes a spectrum of actions, and that legacies involve values as well as financial assets.In The Legacy Spectrum, Weber describes a process that begins with attaining and maintaining confidence in having enough for one's own financial security before determining how much is enough, but not too much, for children. The process he has created can involve incorporating philanthropy in one's legacy and using charitable giving to pass values to children.Weber offers readers practical advice about how to use family meetings to provide a financial education for children, strengthen family ties and prepare children to receive an inheritance. The Legacy Spectrum includes case studies from Weber's years of experience working with wealthy families to create legacies that pass assets as well as values and bring families closer together. It includes sample worksheets and forms to help readers create their own legacies and pass their wealth with thought and meaning.
A Spectrum of Legacies : The Gifts You Leave for Your Children and Community