What is a legacy?
There are numerous sources that you could research to try and find what the best definition of a legacy is, and depending on what perspective you are approaching the question from, you would be correct in having several different answers. What all of them have in common, however, is that they all refer to the existence of either a concept or physical item being possessed that is eventually passed to the next generation – and then to the next generation after that, and so on.
Throughout history, there have been examples of family legacies, particularly from royals or families of means, which would have a family trust established, that in turn contained all of the family assets for use by the family, and each generation would add into that trust during their lifetime – for it to be enriched and grown for the next generation to follow. Unfortunately for our modern society, somewhere along the way, that tradition of excellence and contributing into something greater than one’s self was lost.
We at Jas.Advisors.Grp intend to help our clients bring that kind of multigenerational security back. With strategic planning built around each of our client’s unique circumstances, it is possible to create a plan for them which will result in producing the type of growth necessary to build a lasting legacy. One which allows each individual the freedom to choose their lifestyle, their passions, their contributions to society and the world at large, as well as their business ventures. We all have unique gifts. Those gifts are what give us the greatest joy and satisfaction, so shouldn’t you be living more life and passing that ability to your descendents?
We will not hide them from their children, but tell to the coming generation the glorious deeds of the Lord, and his might, and the wonders that he has done.
You shall love the Lord your God with all your heart and with all your soul and with all your might. And these words that I command you today shall be on your heart. You shall teach them diligently to your children, and shall talk of them when you sit in your house, and when you walk by the way, and when you lie down, and when you rise.
2 Timothy 2:2
And what you have heard from me in the presence of many witnesses entrust to faithful men who will be able to teach others also.
But lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.
2 Timothy 4:6-8
For I am already being poured out as a drink offering, and the time of my departure has come. I have fought the good fight, I have finished the race, I have kept the faith. Henceforth there is laid up for me the crown of righteousness, which the Lord, the righteous judge, will award to me on that Day, and not only to me but also to all who have loved his appearing.
One generation shall commend your works to another, and shall declare your mighty acts.
But the steadfast love of the Lord is from everlasting to everlasting on those who fear him, and his righteousness to children’s children,
2 Timothy 4:1-22
I charge you in the presence of God and of Christ Jesus, who is to judge the living and the dead, and by his appearing and his kingdom: preach the word; be ready in season and out of season; reprove, rebuke, and exhort, with complete patience and teaching. For the time is coming when people will not endure sound teaching, but having itching ears they will accumulate for themselves teachers to suit their own passions, and will turn away from listening to the truth and wander off into myths. As for you, always be sober-minded, endure suffering, do the work of an evangelist, fulfill your ministry. …
Praise the Lord! Blessed is the man who fears the Lord, who greatly delights in his commandments! His offspring will be mighty in the land; the generation of the upright will be blessed. Wealth and riches are in his house, and his righteousness endures forever.
“I do not ask for these only, but also for those who will believe in me through their word, that they may all be one, just as you, Father, are in me, and I in you, that they also may be in us, so that the world may believe that you have sent me. The glory that you have given me I have given to them, that they may be one even as we are one, I in them and you in me, that they may become perfectly one, so that the world may know that you sent me and loved them even as you loved me. Father, I desire that they also, whom you have given me, may be with me where I am, to see my glory that you have given me because you loved me before the foundation of the world. …
2 Peter 1:12-15
Therefore I intend always to remind you of these qualities, though you know them and are established in the truth that you have. I think it right, as long as I am in this body, to stir you up by way of reminder, since I know that the putting off of my body will be soon, as our Lord Jesus Christ made clear to me. And I will make every effort so that after my departure you may be able at any time to recall these things.
A good man leaves an inheritance to his children’s children, but the sinner’s wealth is laid up for the righteous.
And he said to the people of Israel, “When your children ask their fathers in times to come, ‘What do these stones mean?’ then you shall let your children know, ‘Israel passed over this Jordan on dry ground.’
You shall not bow down to them or serve them, for I the Lord your God am a jealous God, visiting the iniquity of the fathers on the children to the third and the fourth generation of those who hate me, but showing steadfast love to thousands of those who love me and keep my commandments.
Then all the people who were at the gate and the elders said, “We are witnesses. May the Lord make the woman, who is coming into your house, like Rachel and Leah, who together built up the house of Israel. May you act worthily in Ephrathah and be renowned in Bethlehem,
“Now therefore fear the Lord and serve him in sincerity and in faithfulness. Put away the gods that your fathers served beyond the River and in Egypt, and serve the Lord. And if it is evil in your eyes to serve the Lord, choose this day whom you will serve, whether the gods your fathers served in the region beyond the River, or the gods of the Amorites in whose land you dwell. But as for me and my house, we will serve the Lord.”
Train up a child in the way he should go; even when he is old he will not depart from it.
And these words that I command you today shall be on your heart. You shall teach them diligently to your children, and shall talk of them when you sit in your house, and when you walk by the way, and when you lie down, and when you rise. You shall bind them as a sign on your hand, and they shall be as frontlets between your eyes. You shall write them on the doorposts of your house and on your gates.
You did not choose me, but I chose you and appointed you that you should go and bear fruit and that your fruit should abide, so that whatever you ask the Father in my name, he may give it to you.
After these things God tested Abraham and said to him, “Abraham!” And he said, “Here am I.” He said, “Take your son, your only son Isaac, whom you love, and go to the land of Moriah, and offer him there as a burnt offering on one of the mountains of which I shall tell you.” So Abraham rose early in the morning, saddled his donkey, and took two of his young men with him, and his son Isaac. And he cut the wood for the burnt offering and arose and went to the place of which God had told him. On the third day Abraham lifted up his eyes and saw the place from afar. Then Abraham said to his young men, “Stay here with the donkey; I and the boy will go over there and worship and come again to you.” …
Grandchildren are the crown of the aged, and the glory of children is their fathers.
But showing steadfast love to thousands of those who love me and keep my commandments.
2 Timothy 1:7
For God gave us a spirit not of fear but of power and love and self-control.
1 Timothy 4:8
For while bodily training is of some value, godliness is of value in every way, as it holds promise for the present life and also for the life to come.
The righteous who walks in his integrity— blessed are his children after him!
What should it mean?
Having a legacy planned out for your family means that you have considered everything that is most important, and taken steps to ensure that those values are protected and empowered to continue into the future, with or without your personal intervention.
Why is it important?
Planning is essential to create a legacy for your family and/or business. Having a legacy planned out will be the most important thing we can do in our lives, because it is not only the culmination of everything we have done up to the point we are currently at, but also an indicator as to where we are headed as individuals, families, and business owners.
How do I start?
We want to talk to you about what your unique story will be. Your story is part of your legacy, and drives what you want to be passed down to descendents as well as who in your business will be taking over when you step away from the helm. Our no obligation consultative process will equip you with the answers that you are looking for.