Why is this so hard?

“If you fail to plan, you plan to fail.” We all know this, right? And yet proper planning—in every area of life—remains one of the most commonly shared universal struggles out there.

If you “fail to plan” when it comes to your wealth, you aren’t the only one who pays the price. Wealth planning affects you, your family, their families, and countless others who could benefit from your estate one day.

When it comes to planning bequests, the best time to plan is EARLY. When you do, you have both the time and opportunity to communicate the intent, amount, and timing behind the inheritance. A family meeting about wealth and the purpose behind a financial legacy can pay huge dividends in helping heirs remain resolute about discovering and living their purpose in life.

For instance, too often yearly gift checks are handed out to heirs without any explanation or understanding. Over time the heirs expect those checks—as though they deserve it. They often build a lifestyle around the assurance of those regular gifts.

The questions for you are whether you’re accomplishing your desired intent with the money.


  • Will you be funding an inflated lifestyle or an opportunity?
  • Are you encouraging an attitude of gratitude or entitlement?
  • Are they being responsible and sensible with the funds?
  • Will they willingly report to you about what they did with it?
  • What do you hope they will do with the money?

None of these questions come with easy answers. That’s why when it comes to your legacy, planning ahead is the only way to ensure it’s the one that YOU envision. 
Wealth is more than money. Don’t just plan for your future, live it right now.


“Planning is bringing the future into the present so that you can do something about it now.”

-Alan Lakein


Boomfish Wealth Group, LLC, DBA Wealth With No Regrets®, is registered as an investment adviser and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. Content should not be viewed as personalized investment type of advice. All investment strategies have the potential for profit or loss. Tax, legal, and estate planning information is general in nature. Always consult an attorney or tax professional regarding your specific legal or tax situation. Investing involves risk, including the potential loss of principal. Any references to protection benefits generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither Boomfish Wealth Group, LLC, nor Wealth With No Regrets® is engaged in the practice of law or accounting.  We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance and investment products to custom suit their needs and objectives This material is intended to provide general information to help you understand basic financial planning strategies and should not be construed as financial advice. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. It is important that you do not use this information to request, authorize or effect the purchase or sale of any security, to send fund transfer instructions, or to effect any other transactions. Any such request, orders, or instructions that you send will not be accepted and will not be processed.

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