Succession Matters – How to Become a Billionaire in 200 Years

Schiff Sovereign Premium

Monthly Letter

Since the birth of my first child this summer, I’ve been giving a great deal of thought to the idea of legacy.

What ideas do my wife and I want to impart onto our daughter? How do we want to explain the world to her? What are the most important lessons I can teach her as a father?

And… how do I help her reach her own dreams with a hand up rather than a handout?

This train of thought prompted me to consider financial legacies

People tend to want to leave their assets to the next generation, whether by donating to a charity, to their children and grandchildren, or even to their pets.

But I believe we’re shortsighted when we view a financial legacy that way.

To me, what’s important are two factors (at least when leaving assets to family):

  1. Creating incentives to be productive members of society, rather than tendencies towards laziness and entitlement; and,

  2. Creating intergenerational prosperity.


Sure, it’s a great thing to be able to leave your house to your surviving spouse, and/or to your children. It’s wonderful to leave enough behind to pay for your grandchildren’s education, etc.

But whether you have a little or a lot to give to the next generation, why not think big?

Why not create a financial vehicle that can help descendants you’ll never even meet? And, while you’re at it, why not give them a blueprint to success -- your thoughts on money and life?

You don’t have to be rich to do this. You just have to be creative.

Today’s Monthly Letter outlines how you might create your own intergenerational family “bank”.

It explains how nearly any family can become wealthy over time, and, I hope, will inspire you to think about your legacy in a whole new way.

I’m excited about this idea, as it could create true freedom and opportunity for generations to come. It’s a legacy Plan B.

Since the birth of my first child this summer, I’ve been giving a great deal of thought to the idea of legacy. What ideas do my wife and I want to impart onto our daughter? How do we want to explain the world to her? What are the most important lessons I can teach her…

- Members Only Content -
You need to be a member of Sovereign Blueprint to access this content.

Neither this document, nor any content presented by our organization, is intended to provide personal tax or financial advice. This information is intended to be used and must be used for information purposes only. We are not investment or tax advisors, and this should not be considered advice. It is very important to do your own analysis before making any investment or employing any tax strategy. You should consider your own personal circumstances and speak with professional advisors before making any investment. The information contained in this report is based on our own research, opinions, as well as representations made by company management. We believe the information presented in this report to be true and accurate at the time of publication but do not guarantee the accuracy of every statement, nor guarantee that the information will not change in the future. It is important that you independently research any information that you wish to rely upon, whether for the purpose of making an investment or tax decision, or otherwise. No content on the website (SchiffSovereign.com) or related sites, nor any content in this email, report, or related content, constitutes, nor should be understood as constituting, a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented here, nor an offer of securities. Schiff Sovereign employees, officers, and directors may participate in any investment described in this content when legally permissible, and do so on the same investment terms as subscribers. Schiff Sovereign employees, officers, and directors receive NO fundraising commissions from companies who appear in this report.