The Family Vault: How To Create Generational Wealth & Keep It

Imagine having the ability to rewrite the history of every generation of your family permanently into the future. You would provide them with the financial means, freedom and flexibility to pursue their passions and live life on their own terms, while also enabling them to support others in theirs. Through their chosen charitable foundations, they have the operating system to nurture and grow these passions across every generation to come. Sounds too good to be true? It is true that many affluent families have seen a decline in their wealth over time. Research reveals that seven out of every ten wealthy families lose their fortune after the second generation. The issue is that although a family’s wealth may be passed down, the values of hard work and discipline that earned it in the first place are often forgotten. Subsequently, the system that the first generation had in place to make decisions and their fear of losing it is absent. And the thriftiness that enabled them to accumulate their riches has disappeared. Many generational wealth books have targeted the super-wealthy; the top 1% that have hundreds of millions or even billions in net worth. These same people have teams they refer to as a Family Office that ensures there are frameworks to protect their wealth from future generations and rules that protect their legacy. However, there is nothing that exists for entrepreneurial families that have achieved the financial success of scaling a multi-7-figure, 8-figure or even a 9-figure business, but are yet to amass the level of wealth that a family office even makes sense. But should you be fortunate enough to accumulate enough money to join a Family Office, you become dependent on another organisation’s financial knowledge and procedures. These Family Offices can charge you enormous fees, sometimes costing you millions of dollars annually! If you’re a successful business owner with a net worth of over $2,000,000 outside of your business, you have a family or plan to start a family in the future, and want to design and implement a financial operating system that allows you to; Make better financial decisions considering the impact on every generation of your family to come. Minimise and even avoid family disputes around money and wealth. Create a framework that ensures you make your money work harder than ever. Ensure those future generations do not become entitled, spoiled brats that have no appreciation for money or lack a work ethic to work hard for what they want. Set up your family to escape the grasp of poverty, and financial struggle, avoid missed opportunities or squander their money. Empower future generations to make the best financial decisions with a customised rule book that passes your values and ethics. Design a Family Vault that protects your wealth for future generations against recession, outside claims, and relationship breakdowns. Jackson Millan – The Wealth Mentor is an award-winning entrepreneur and multi-time international best selling author in the business and wealth space. Jackson has spent the last 15 years helping service businesses understand the language of money and manufacture financial freedom for themselves and their families. He has successfully helped over 1,000 clients build in excess of $2 billion in combined wealth and has scaled multiple 7 figure businesses. He is a master of helping business owners make money work for them and turn their business profit into personal wealth. — ISBN13: 9798873065158