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Episode 307: Turning Beneficiaries Into Stewards
The critical distinction that determines whether your wealth lasts one generation or ten—transforming beneficiaries who receive and consume into stewards who protect grow and transfer capital across generations. If your estate plan only creates beneficiaries who get money when you die with no responsibility accountability or understanding of obligation that comes with wealth, you're guaranteeing seventy percent of it disappears by second generation because beneficiaries consume what stewards multiply. Here's the transformation that changes everything: "A beneficiary is someone who receives a…
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