Estate Plans that Transcend Generations with Andrew Howell

https://www.youtube.com/watch?v=uvUp3vuKYjA Do you want to leave a legacy with an estate plan that transfers wealth and empowers the next generation? Find someone who is helping others do it successfully.  And that means tailoring a customized, bespoke plan specifically to your family.  Today we're talking with highly recognized estate planning attorney, Andrew Howell, about the principles and wisdom he's distilled from working with ultra-high net worth families and business owners.   So if you want to know how to entrust wealth to future generations, provide for unity in the family, and leave a legacy of wisdom and opportunity so you can create an estate plan that transcends generations, tune in now! In this episode about estate planning to bridge generations, you'll discover:Where Estate Planning Fits into Your Cashflow Creation SystemAbout Andrew Howell Find Out More About Andrew HowellBook A Strategy Call In this episode about estate planning to bridge generations, you'll discover: Why traditional estate planning fails at increasing family wealth and promoting character development. How the core of the Entrusted model of estate planning is about meaningful relationships. How to transfer wealth in a way that incentivizes work and stewardship instead of producing entitlement. The top 3 eroding effects on generational wealth. Why traditional estate planning that divides assets limits your family's ability to make an impact. Why leaving your money to charity creates a lost opportunity for your family. How to set up your family wealth as a bank to create opportunity, entrepreneurship, and accountability. Why the first priority to leaving a legacy is to know who you are as individuals and a family. Where Estate Planning Fits into Your Cashflow Creation System Encircling your family and assets with a bulletproof estate plan will maximize your peace of mind.  But it’s just one small step of a greater journey.   That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.   The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest. Then, you’ll protect your money with savings, privatized banking and legal protection.  This is where estate planning fits in.  You’ll know that no matter what happens to you, your wishes will be carried out, your assets will remain intact, and your wisdom will empower generations after you.  Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy. About Andrew Howell  Andrew L. Howell is a Co-Founder of the Salt Lake City law firm York Howell & Guymon. His focus is on estate planning, asset protection planning, probate and estate administration, charitable giving, sophisticated business structuring and transactions, and tax planning. Additionally, he is passionate about, and regularly assists clients with, family legacy planning, stock and asset sales and purchases, buy-sell and shareholder agreements, and business buy-out and business succession planning. Mr. Howell’s practice has a specific focus on ultra-high net worth families and business owners. Mr. Howell is a leader at the forefront of responding to the industry-wide shift in estate planning resulting from client demand for a more holistic approach to wealth transfer. He assists his ultra- high net worth clientele in creating dynamic estate plans, focusing on what they can do to increase harmony and purpose in their planning. Mr. Howell is the co-author of Entrusted: Building a Legacy That Lasts, which features seven core disciplines of successful wealth transfer of high-net-worth families going ba...