Lasting Legacy: The Complete Guide to Generational Wealth

A practical guide to family wealth, governance and preparing the next generation.

What you'll learn
Understand what wealth, and more specific generational wealth, truly means and why most families lose wealth within three generations
Understand family dynamics, the fact that you are probably a already part of a complex family enterprise and the different generations
Learn practical strategies for raising financially capable heirs through financial literacy, values-based education and responsibility .
Understand how economic conditions, politics, regulation, taxation and global markets influence generational wealth strategies and why you need to adapt
Understand how family governance systems, constitutions, meetings and family offices help families manage conflict, preserve values and maintain unity
Understand how philanthropy and intentional giving can strengthen family values, combat entitlement and create a meaningful legacy
Develop a practical roadmap for improving your family’s financial future through intentional conversations and governance.

Requirements
No advanced financial knowledge is required to take this course. The course is designed to be practical, accessible and relevant for beginners as well as more experienced investors and professionals.

Description
Most families focus on building wealth, but few know how to preserve it across generations. Research shows that 70% of families lose their wealth by the second generation and 90% by the third. This course explores why that happens — and how families can build a lasting legacy beyond money.

In this practical and engaging course, you will learn how successful families transfer not only financial wealth, but also values, wisdom, responsibility and purpose. The course combines practical financial planning principles with behavioural finance and family insights and real-world family dynamics. You will discover how wealth is influenced not only by investment returns, but also by communication, governance, relationships and preparation of the next generation.

Topics include what wealth is, wealth creation, investing, governance structures and family constitutions, trusts and wills, family constitutions, preparing children financially, family businesses, philanthropy and navigating the economic, tax and political realities that influence generational wealth.

Whether you are a parent, entrepreneur, investor, retiree, financial planner or family business owner, this course will help you think differently about wealth and equip you with practical tools, strategies and frameworks to strengthen your family’s future and create a meaningful legacy for generations to come. This may well be a defining moment in your legacy.

Who this course is for
This course is designed for individuals and families who want to build, protect and transfer wealth across generations in a meaningful and sustainable way. The course will be especially valuable for: 1) Parents who want to teach their children healthy financial habits and prepare them for future responsibility. 2) Entrepreneurs and family business owners who want to create long-term family continuity and succession plans. 3) Investors and professionals who want to think beyond short-term wealth creation and focus on legacy. 4) Retirees who want to transfer wealth, values and wisdom effectively to the next generation. 5) Financial planners, accountants and advisors looking to better understand the human and behavioural side of generational wealth.