Life Stories > Money: The Value of Life Stories
Your Legacy= Family Traditions, History, Values, Life Stories
If you are a member of the "elder" generation (born in 1940 or earlier, age 76 years old and older), you have probably planned for distribution of financial assets, real estate, and personal possessions of emotional value. However, have you planned the distribution of your life values, life lessons, and life stories?
If you are a member of the "boomer" generation (born during 1946-1965, ages 51-70), you may have considered how to distribute financial wealth. Yet, have you overlooked preserving the value of the life stories of your parents, and your own life stories?
Your Life Stories Have Value- Findings from a 2012 survey *:
*The Allianz American Legacies Pulse Survey, 2012.
Family members who know their family's history and their relatives' individual life stories are more likely to be "on the same page" about family legacy planning. In fact, some banks have discovered that providing these history services increases the connection between the bank and the clients, and this historical knowledge prevents "squandering".
5/23/2016 article
Your life stories can grow your family members into careful stewards.
BE THE LIVING LEAF ON YOUR FAMILY TREE!
Your Legacy= Family Traditions, History, Values, Life Stories
If you are a member of the "elder" generation (born in 1940 or earlier, age 76 years old and older), you have probably planned for distribution of financial assets, real estate, and personal possessions of emotional value. However, have you planned the distribution of your life values, life lessons, and life stories?
If you are a member of the "boomer" generation (born during 1946-1965, ages 51-70), you may have considered how to distribute financial wealth. Yet, have you overlooked preserving the value of the life stories of your parents, and your own life stories?
Your Life Stories Have Value- Findings from a 2012 survey *:
- "Boomers" were more likely to agree that "It is extremely important to me that
future generations remember my parents and what mattered to them." (75% of
"boomers" agreed compared to 53% of "elders".) - What ranked highest in importance in legacy planning?
- 86% of "Boomers" and 74% of "Elders" gave highest importance
to "Family Stories"! - In comparison, 65% of "Boomers" and 58% of "Elders" responded "Personal Possessions";
- And only 9% of "Boomers" and 14% of "Elders" responded "Financial Inheritance".
*The Allianz American Legacies Pulse Survey, 2012.
Family members who know their family's history and their relatives' individual life stories are more likely to be "on the same page" about family legacy planning. In fact, some banks have discovered that providing these history services increases the connection between the bank and the clients, and this historical knowledge prevents "squandering".
5/23/2016 article
Your life stories can grow your family members into careful stewards.
BE THE LIVING LEAF ON YOUR FAMILY TREE!