Broker Check

Concepts

Consider your dreams and your life ambitions for your own accomplishments and your own comfort.  What concepts for “doing good” come to mind? What are your favorite missions that charitable groups pursue? Are there changes you want to make so you can reach a different balance of short-term and long-term goals?

Next, add to that your interest in improving your loved ones’ world and the world in general. Are you helping family members and friends now? 

Finally, think about how you are behaving now. Are you affected by commercials and advertisements?  Do they generate desires for things or a feeling of emptiness? How do you use money to feel financial peace or contentment, and to further your spiritual growth? 

There are often said to be five ways in which we spend our money – three for ourselves, one for society, and one for those we care about:

  1. Past Consumption – Debt Reduction
  2. Present Lifestyle – Current Expenses and Protection from contingencies
  3. Future Expenses – Savings & Investments
  4. Income and Inheritance taxes to the U.S. and to states, plus other taxes, including property, sales, and gas taxes
  5. Family, Friends and / or Charity

How should you manage the proportions of your money across these five areas? Enroll a Family Legacy Concepts advisor along with your accounting and legal advisor(s) to plan your next several years of tax payment obligations.

At Family Legacy Concepts we strive to help you manage your financial resources to align with your values and your life goals. Contact us through the Have A Question? section of the Contact Page.

 

We create strategies that are tailored to your needs and goals.

Family

Years of experience have prepared us to guide you through your life transitions.

Legacy