What is Your Legacy Going To Be?
CREATE YOUR OWN LEGACY
Hi, Anthony Manly here from selfmanagedbusiness.com. Today I want to talk to you about a subject that’s very touchy for many people. It’s about leaving your legacy, and I want to share what I’ve learned about how to create your legacy and why it’s such an important subject to think about and plan for.
Now, where are all self-directed souls, you shouldn’t be leaving life to chance. It’s very important now to start planning and acting on exactly what you want your legacy to be like after you’ve departed or you’ve moved on.
What is a person’s legacy?
What do you want your legacy to be?
The legacy definition.
Build your legacy meaning.
Many people show away from facing the inevitable and they don’t want to think about their estate at all and this only causes massive disharmony not only with your family but also businesses, if you’ve got a business, right?
So clearly planning your legacy prevents your heirs from having legal battles and obviously style ships that you don’t want to know about and all of us want that are going to pass on.
What will survive us in our legacy and what we leave behind is essentially our life’s work we don’t know when we’re going to pass on but we do know that it’s a fact of life.
The more you are aware of your legacy, the better you’ll be able to control it and ask yourself, I guess, right now, how are you going to transfer your experience and understanding to those people and organizations that may be important to you?
Now, you may not know this, but everyone who is loved by someone leaves a legacy.
While everyone will leave a legacy in some form, very few people get to experience the enormous power of a structured personal legacy.
So a legacy is much more than just the money or things that you leave behind.
So what is a legacy?
And I’m just going to give you an understanding of this because I had no idea.
- You show something about what you stand for and who you are and what’s important to you.
- It helps others in some way, shape, or form.
- it’s how you’ll be remembered after you’ve gone.
To leave a legacy you don’t have to be famous, wealthy, or a huge philanthropist like Bill Gates or Richard Branson.
All you need to have is your heart in the right place and a clear plan for your life, no matter your age right now, there are some guidelines that you need to consider so here they are.
GUIDELINES TO YOUR LEGACY
Decide what’s important to you.
Your legacy must reflect what is personally important to you and what you believe in, who, and what has impacted your life.
Choose your beneficiaries.
The beneficiaries of your legacy and organization groups could be courses from while you were here and while you were alive and even after you pass, right?
So think back to your childhood and your life in general and recall those people that have had a positive impact and others that you can support with their positive effects.
It can be something you already contribute to. Like it could be a university, for example.
It could be an entrepreneurial endeavor, right?
It could be the homeless or it could be a school you intended.
It could be a hospital that helped you out when you were sick.
Create the format.
So there are lots of ways to contribute and leave a legacy, from creating a business that provides products and services to the building, say, for example, a local library, right?
But what you want to do is you want to think about those areas that you support and champion.
You want to execute the plan.
Now, there are some legal arrangements that you may need to make with your family, right?
So have a chat with them. You might even need to seek out some further legal advice through your solicitor on how to best handle and execute your plan, specifically around financial matters.
Now, what you also need to think about is whether this going to be a gift while you’re alive or after you pass on. And you need to decide what you want to give, right?
So start planning for what you want and how you want to do it. You can also give nonfinancial gifts like donating your books or furniture to a local homeless shelter.
Decide whether to communicate with your recipients.
Now, so whoever is going to receive it, decides they’re going to tell them right now whether they’re going to receive it. Some people like to do it as a surprise.
Now, this is a very personal choice.
Some people like to let the organizations know that they support right now, know that this is what’s going to happen. Others just simply don’t want to know about it.
Which is around organ donation.
So one thing you can do right now is you can create a legacy by simply just flipping your driver’s license over, going to the website, and saying, I want to donate my organs if I’m involved in, say, for example, a car accident.
Touchwood heavens above, that doesn’t happen to you. But it is a way that you can contribute back.
Now, whether you have or you haven’t decided what to do to create your legacy, clarity empowers us all. So please clarify what you want your legacy to look like and who you can empower and assist with your life’s work.
The key to creating a beautiful legacy is clearly defining your deepest values, setting your goals to support those values, and taking action to make sure you can help others in the future with your present, whilst in the present, right here, and right now.
So what I encourage you to do is to ask yourself this question, “How can you be meaningful in someone’s life and pass on what you value for your good work will live on through others”?.
Be creative and find ways you can contribute to the world and live a better future because you were here. Leaving your legacy.
I hope you enjoyed this video.
It’s not an easy subject to talk about and I’ll talk to you shortly.?
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