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Publisher's Summary

When it comes to estate planning and the effective transfer of wealth, most discussions involving the terms wealth and money use those terms interchangeably. Although the two are not the same, most estate planners today do not even broach this concept with their clients or include the less-tangible aspects of wealth as they draft an estate plan. They simply develop an estate plan that prepares the family's financial assets to be dumped, divided, deferred, and dissipated among the members of the next generation.

These estate plans typically reflect a very linear way of thinking. In other words, if transferring some amount of financial wealth is good, then transferring more financial wealth is better. Not only is this approach is myopic and simplistic, but it's ultimately destructive because it focuses on the fire (the result) and not on the flint and kindling (the tools and resources that produce the result). Entrusted lays out the foundations of entrusted planning process, which aligns the principles and values of a family with their tangible assets and prepares future generations to build a true and lasting legacy. It's a process that draws from the very origins of estate law, which placed the highest value on who was involved - on who was entrusted.

By focusing on the means to an end (education, personal character, home ownership, entrepreneurship, charitable service) as opposed to the end (stocks, bonds, real estate, and businesses), entrusted planning has the greatest potential to do the maximum amount of multigenerational good with the least amount of collateral damage. Entrusted families have goals that are both deep and broad. They're less interested in preparing their families to be rich and more interested in preparing them to manage, sustain, and carry on a rich legacy.

©2015 YH Publishing, LLC (P)2015 YH Publishing, LLC

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Never too late - or early to start planning

This book along with "Family Fortunes" by Bill and Will Bonner and "What would the Rockefellers Do?" by Garrett Gunderson have completely changed my perspective from planning for "retirement" to planning for a legacy.

Highly recommend "The Alternative Answer" by Bob Rice on alternatives to Wall Street.

1 of 1 people found this review helpful

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A wonderful book and different outlook on estate planning

This book is easy to listen to and written in a way that everyone will understand the value in Estate Planning and leaving a legacy! I have listened to it twice and will go back to it I am sure!

1 of 1 people found this review helpful

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Very informative

I've had to listen to this several times to get an idea of how I wanted to set up my trust. These guys are definitely the experts when it comes to Trusts.

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Entrusted: Leaving behind, a worth-while legacy

After reading this informative, provacative book - and in better understanding pertinent reasons 'why' - wealth equates to more than just money, the idea of making my kids trustafarian's, couldn't be more distant from my mind. Dr. Olivia Pope Friedman - Real Estate Investor, Actress, Metaphysician, and Dual Law Student

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Engaging and inspiring

I never thought I would be so engrossed by such a seemingly dry topic but Andrew has a methodology towards estate planning that flips the whole topic on its head and inspires incredibly thought provoking notions on something that from a distance seems obvious. If you have a family and a legacy to pass on, read this book!

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  • Shaun Holt
  • 10-06-17

Great Read

I managed Wealth in the UK and offer Legacy planning to my clients, this book set out principles which are tranferable to any country. The tax and investments are based on the US so you would have to consider your own country. Well worth the listen, one of the few audio books that have kept me interested.