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Section 7

Do You Remember Your

Great-Grandfather’s Name?

There are three phases to your financial life:

Accumulation Distribution Legacy

While many people are not concerned about leaving a

substantial legacy to their children or grandchildren, others
would like to leave a sizable amount of money to their heirs.

I’ve never conducted a study on why people would like to leave
a substantial amount of money to their children, but I suspect

the reasons are as follows:

► To save children and grandchildren from living a life
where money is a constant worry.

► To make sure that all of their beneficiaries have the

opportunity to get a college education.

Chapter 6: Your Action Plan