The most numbing thing people– who through diligence and hard work create a fortune–have to face is the prospect of losing it all in the same lifetime. It’s not enough to make a lot to money in this world, the more biblical thing to do is to preserve it for the use of generations that will come after you if Christ continues to tarry.
There is a scripture that qualifies a good person as having left an inheritance to his children and grandchildren. However, it’s no longer sufficient to leave an inheritance in a bank account these days where inflation or currency devaluations may erode them. As the world economy continues to be tethered to collapse, you are better off leaving your wealth outside the global financial system.
So here are three universal ways to preserve your wealth
- Buy Land
- Buy Gold
- Buy Art
Keep a third of the wealth you want to pass on to your children in land. Keep another third in gold. Then, keep the final third in collectible art. Lastly, take out an insurance policy on these items to protect them from theft or damage.
This way, you can truly preserve wealth like families who have had wealth in their bloodline for generations. One popular family in Italy, the Orsini family have had their wealth passed from one generation to the other for 900 years and this is how they did it.
Think a third, a third and a third while planning your estate and you are unlikely to go wrong.