#1019 - Building and Preserving Generational Wealth: Insights with Andrew Van Alstyne (For Fiduciary)

In this enlightening episode, we sit down with Andrew Van Alstyne, a wealth manager from North Carolina, to delve into the nuances of building and preserving generational wealth. Andrew shares his expertise on effective wealth management strategies, the importance of legacy planning, and how to ensure a smooth transfer of assets across generations. We discuss the contrast between spending for personal fulfillment and saving for future generations, and the crucial role of financial literacy in today's volatile economic environment. Andrew also provides actionable advice on how to avoid common pitfalls, such as trust fund baby syndrome, and foster collaboration within families to maintain a healthy financial legacy. Tune in to learn about structuring estate plans, the value of early financial education, and practical steps to secure your family's financial future.

Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence.

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