A trust has many benefits over using a will when passing on generational wealth. If you’re building generational wealth, you need to talk to an estate attorney about how it can benefit you and your heirs.

You'll often hear people throw around the term generational wealth in the financial space. More recently, it has become a trendy word amongst everyday people, in part credited to a time when the topic of investing and wealth has taken center stage.

Estate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.

Will and trusts are created in anticipation of someone’s incapacitation or death. When a person dies, a will and a trust can prevent their children and other loved ones from experiencing extreme financial hardship.

Sometimes we won't know the impact you had on this world until you are gone. A business, a home, or a song you wrote might make money that could change the lives of several generations of people. Secure the bag long after you are gone, and create a plan.