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What should the legacy of my wealth actually look like for my kids?

From: Ch 10: Nickels, Dimes, and Pennies

Empowerment over entitlement. Curiosity over comfort. Each kid's own definition of success, not a copy of yours. Kris Kluver, in The Dysfunctional Family Office, has Robert Mitchell name this directly at the family dinner. He doesn't want a legacy of entitlement. He wants a legacy of empowerment. Of curiosity. Of redefined individual success. That includes formal, life, and financial education, the kind he didn't have access to early on and learned the hard way. Knowledge is true power, not simply wealth. The framing matters because most UHNW founders default to thinking of legacy as the dollars they leave behind. The dollars are the smallest part. The legacy is the values, education, capacity, and clarity the next generation carries forward. Money without those things produces the entitlement Robert was trying to avoid. The other elements are what makes wealth durable across generations.

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