Estate planners may very well help you tidy up your affairs for when you die, but who is helping you with your life decisions?
But Bill Gates, Steve Jobs, and Jeff Bezos, are not motivated simply by creating wealth. They are motivated by creating value, and they all did so first at the cost of tremendous sacrifice.
One of the biggest reasons that wealth is historically made and lost in three generations is due to trust and communication, or a lack thereof.
What you have already done in terms of estate planning can most likely be salvaged and incorporated into a more effective legacy plan.
Instead of worrying about how you are going to make your money last for multiple generations, you should be worried about how your money is going to enhance the lives of your family for multiple generations.
Every millennial absolutely needs to be thinking about their legacy because, like it or not, they have already begun to live their legacy.