Creating an Intentional Legacy

You are Actively Creating Your Legacy

(Whether you realize it or not)

NBA Hall of Famer and current TV analyst Charles Barkley once stated in a commercial, “I ain’t no role model. I’m not paid to be a role model. I’m paid to wreak havoc on the basketball court.” Well, whether Charles agreed with it or not, given his prominence in the league at the time, he very much was a role model for kids — good or bad.

The same can be said when it comes to your legacy.

What you leave behind when you are gone will be your legacy. Whether that is the sum of the material items you acquire during this lifetime —money, investments, art, real estate, etc. — or the impact you have on those people or organizations you come in contact with while you walk this earth, those things will amount to your legacy, whether you want it to be or not.

For most people, the idea of a legacy isn’t something that’s planned out.  It just happens.  Others may take steps towards what they think will be their legacy — making regular charitable donations and using at least a portion of their gift exemptions to pass assets to the next generation.  

But what if you knew that, depending on which study you look at, somewhere between 60-70% of wealth is completely depleted by the second generation and by the third generation it is completely gone.  How does that impact your view of leaving your legacy?

Most wealthy families rarely consider the potential for creating not just a legacy, but a generational legacy.  A legacy that could live on not just past your lifetime, or the lifetime of your children and grandchildren, but for generations to come.

You have the opportunity today to chart a specific course for your wealth — a course that will allow your wealth to live on well past your lifetime and create the type of legacy you want to leave behind. The window is still open to create what we call an Intentional Legacy Plan — a wealth strategy approach that provides for your needs and wants — as well as your immediate family — for today and tomorrow, while also creating a pool of capital that can continue to grow well past your lifetime and continue to have an impact on your descendants and provide for the charitable cause you support for generations to come.

The views and opinions included in these materials belong to their author and do not necessarily mirror the views and opinions of NewEdge Capital Group, LLC. The trademarks and service marks contained herein are the property of their respective owners. Unless otherwise specifically indicated, all information with respect to any third party not affiliated with NewEdge has been provided by, and is the sole responsibility of, such third party and has not been independently verified by NewEdge, its affiliates or any other independent third party. No representation is given with respect to its accuracy or completeness, and such information and opinions may change without notice. Information shown is as of the date of this letter, unless otherwise noted. All data are subject to change without notice.
These materials do not constitute an offer or solicitation in any jurisdiction to any person or entity. This communication is not intended to, and should not, form a primary basis for any investment decision. The information and analyses contained in herein are not intended as tax, legal, regulatory, accounting or investment advice. Any such information contained herein is general and educational in nature and should not be construed as advice. Please consult your own tax advisor for matters involving taxation and tax planning and your attorney for matters involving trusts, estate planning, charitable giving, philanthropic planning and other legal matters.
Investing involves risk, including possible loss of principal. Past performance is no guarantee of future results.
An investment cannot be made directly in an index. Indices are unmanaged and have no fees or expenses. You can obtain information about many indices online at a variety of sources including: or
This report has been prepared solely for your confidential use. Our arrangements with third-party data providers may limit the redistribution of certain information contained in this report beyond our direct clients. Accordingly, no part of this report may be redistributed without our written permission. 
© 2021 NewEdge Capital Group, LLC

Stay in Touch

You may also like…