Give Well, Guide Well, Govern Well

When we transition wealth directly, or via a trust, we must be mindful of the hopes and intentions of the giver, the impact of wealth on recipients and how stewards of wealth (e.g. trustees), fulfil their responsibilities. It’s more than just passing on money.

Purposeful Planning puts people and the impact of wealth under transition front and centre. It’s intergenerational planning with a focus on giving well, guiding well and governing well.

Families and trustees who plan purposefully, intentionally:

• Create positive and meaningful experiences

• Connect trustees and beneficiaries with trust creator hopes and intentions

• Encourage excellence as beneficiaries and trustees

The purposeful planning process defines what’s important, considers what’s possible and prioritises the actions required. The process gets families, trustees and professional advisers in conversation and on the same page.

Not all trusts are purposeful. Most are unignited structures of opportunity.

Purposeful trustees know how to breathe life and energy into a new or tired trust. They invest in the beneficiary relationship and create empowering experiences which help beneficiaries live well with trusts in their lives. We call this generative style of practice Purposeful Trusteeship.

What will be the impact of your estate plan or trust?

How are you positively contributing to how you will be remembered?