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When it comes to estate planning and the effective copy of wealth, most discussions involving the terms wealth and money use those terms interchangeably. Although both are not the same, most estate planners today do not even broach this idea with the clients or include the less-tangible areas of wealth as they draft an estate plan. They simply develop an estate plan that prepares the family's financial resources to be dumped, divided, deferred, and dissipated one of the members of the next generation. These estate ideas typically reflect an extremely linear thought process. Quite simply, if moving some amount of financial wealth is good, then moving more financial wealth is better. Not merely is this approach is myopic and simplistic, but it's ultimately destructive because it targets the flames (the effect) rather than on the flint and kindling (the tools and resources that produce the effect). Entrusted lays out the foundations of entrusted planning process, which aligns the principles and ideals of a family with the tangible resources and prepares future generations to create a true and sustained legacy. It's a process that draws from the very origins of estate law, which placed the highest value on who was engaged - on who was entrusted. By focusing on the means to a finish (education, personal figure, home possession, entrepreneurship, charitable service) as opposed to the finish (stocks, bonds, real estate, and businesses), entrusted planning has the greatest potential to do the utmost amount of multigenerational good with the least amount of security damage. Entrusted people have goals that are both deep and wide-ranging. They're less considering preparing their families to be wealthy and more considering preparing them to manage, sustain, and keep on a wealthy legacy.
