Mike and Sherry Smith had no relationship with their children and grandchildren, and they were heartbroken about it. After they sold their company for over $100 Million, their isolation and loneliness became a real problem. They became so bitter that they changed their wills to benefit charity instead of their family.
Contrast the Smith’s story with the Carolini’s or the Montrose’s. Both families have a tight relationship with their children and grandchildren.
The Carolini’s beam with pride when they talk about their 5-year vacation holiday when they generally have 100% attendance with their extended family.
The Montrose’s “family week” at the beach is their family’s time to bond and gather. Their motto of “All are welcome, and all belong” provides a warm, welcoming environment for everyone to feel motivated to show up.
Principle #3: Forge Traditions highlights the importance of belonging.
We all have a need to belong and to know that we are enough. It’s part of being human.
For parents and grandparents, it’s a challenge to instill this confidence in our children—that they, too, belong and are enough, that they are unique, and that we treasure them because of and despite their strengths, weaknesses, successes, and failures.
Read the full background on the Smiths, Carolini’s and the Montrose’s and all the other stories that inspired The Greatest Gift: 9 Principles for the Transfer of Your Legacy Along with Your Wealth.
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