More Than Just Money: Passing on a Godly Legacy with "Generational Wealth Transfer"

Are you considering what you will leave behind for future generations? Perhaps you've accumulated financial assets, built a business, or desire to steward what you’ve in accordance with your faith. The book "Generational Wealth Transfer" by Peter J. Briscoe offers a profound and biblically grounded perspective on this crucial topic, suggesting that passing on true wealth extends far beyond mere financial wealth.

This isn't just another guide to estate planning. "Generational Wealth Transfer" encourages us to see wealth as multifaceted, encompassing not only financial and physical resources but also the spiritual and relational aspects of our lives. The book reminds us that all wealth ultimately belongs to God, who is the creator and sustainer of everything. Recognising this fundamental truth shifts our focus from ownership to stewardship: we are managers of God's resources, entrusted to use them in ways that honour Him and benefit others.

A central theme explored in the book is the idea of the responsibility to leave an inheritance for their children. This inheritance encompasses not just material possessions but also wisdom, integrity, and faith. It prompts us to consider the kind of legacy we want to leave, one that is not just financial but also spiritual and ethical.

"Generational Wealth Transfer" delves into the practical aspects of preparing the next generation to receive and steward wealth wisely. It introduces the concept of the "4 C's": creativity, community, core values, and capital, as essential elements in equipping heirs to manage their inheritance responsibly and live meaningful and impactful lives. The book also emphasises the "Treasure Principle", encouraging Christians to view wealth as a tool to further God's Kingdom and to lay up treasures in heaven through generosity and service.

One of the most critical, yet often overlooked, aspects of wealth transfer is communication. The book emphasises the importance of transparency and intentionality in communicating your plans and values to your heirs. Open communication can prevent misunderstandings, align expectations, and foster trust within the family. "Generational Wealth Transfer" even suggests creating a meaningful family conference to share your heart, pass on wisdom, and discuss the wealth transfer process.

While practical tools and techniques such as wills and trusts are important, the book advises focusing on the underlying principles and intentions first. It also highlights the significance of a letter of instruction alongside a will, as a way to convey your personal and spiritual legacy, clarify specific gifts, and offer guidance on stewardship.

Ultimately, "Generational Wealth Transfer" encourages readers to consider their testimony and the godly legacy they wish to leave. This goes beyond financial security to encompass faithfulness, integrity, generosity, and kindness – virtues that will impact generations for Christ. The book calls us to prepare our heirs to be "net contributors" who use their resources, talents, and time to serve others and advance God's Kingdom.

Finally, "Generational Wealth Transfer" addresses potential pitfalls in the wealth transfer process, including unidentified family values, generational disconnect, a lack of next-generation leadership, and the absence of generosity. By being aware of these traps, families can navigate the process more effectively and ensure a smoother transition. The book concludes by emphasising the importance of finishing well, remaining faithful to God's calling to the very end.

Watch this short video introducing this new book!

"Generational Wealth Transfer: A Christian Approach to Estate Planning" is written by Peter J. Briscoe. Published by Compass – finances God’s way, whose mission is to help people everywhere learn, apply, and teach God's financial and business principles.

If you desire to pass on more than just your financial assets – if you long to leave a lasting legacy of faith, wisdom, and service – then "Generational Wealth Transfer" offers a valuable and biblically sound framework to guide your journey. It’s a call to intentionality, stewardship, and a focus on the eternal impact of what we leave behind.

Available as a paperback or e-book from Amazon or your local online bookstore.

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