In this episode of Grow Your Business & Grow Your Wealth, Gary Heldt speaks with Kevin Quinn, Founder and President of Legacy Counsellors, P.C., an estate and business planning law firm. Kevin discusses the importance of estate planning and generational wealth, explaining his unique "My Family, My Wealth" process, which helps families understand and plan for their wealth.
Key Takeaways:
→ Estate planning is not just about taxes but also about the impact of wealth on a family. → The "My Family, My Wealth" process helps families understand their wealth and its role in their lives.
→ Open communication about wealth and family values is crucial for successful estate planning.
→ Family meetings are essential for discussing and planning wealth transfer.
→ It's never too early to start planning for the future of your family's wealth.
Quote from Kevin:
"What we hope our inheritance does is create a little bit of a fallback, a little bit of a safety net."
"The half a million dollar dollars that that I leave to my daughters is just as important as the half a billion dollars that someone else leaves to their daughters."
More from Kevin Quinn:
Founder and President of Legacy Counsellors, P.C.
Creator of the "My Family, My Wealth" process
Website: https://legacycounsellors.com/
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