The economy is getting stronger, so is our wealth. A Chinese ancient saying goes like this: "Raising a family with morality, it lasts for more than 10 generations; with hard working and education, it lasts shorter; with poetry and books, it lasts a little bit shorter, and with wealth, it can only survive for 3 generations. In current China, the inheritance of family spirit is a matter of importance, and the problem confronting every successful person is, from the accumulation of wealth to the inheritance of spirit, how does he walk through this process? There is a saying in The Book of Changes, "A family always doing good deeds will bring benefits to later generations”. Facing huge wealth, how can we let our future generations inherit the glory and dreams of their ancestors, escape the curse that a rich family cannot maintain rich for more than 3 generations, and eventually build a family with endless good fortune.
The effective estate planning can help investors reduce disputes, maintain the integrity of properties and solve the problem of inheritors unable to manage their properties, while passing down the properties among generations. What’s more, it can effectively reduce the cost under the premise of achieving the same inheritance purposes.