@marcelwasserman: Most entrepreneurs build a great business—but forget to build a great handover. In this video, I share the 3 main ways to pass on your empire to the next generation: 1. A trust: Ideal for protecting assets and avoiding probate. 2. A company structure: Let your children inherit shares while you’re still alive. 3. A will and testament: The default route—often messy, delayed, and costly if not done right. But building generational wealth isn’t just about passing on money. It’s about passing on clarity, structure, and a code of honor that outlives you. Avoid the traps. Plan your legacy like you built your business: with purpose. Want the full breakdown and tools? Join my free community in the bio. ⸻ Hashtags: #LegacyPlanning #GenerationalWealth #BusinessOwnerTips #EntrepreneurLife #TrustFund #FamilyBusiness #WillAndTestament #BusinessCoach #LanternWay #WealthPlanning #FinancialFreedom #SuccessionPlanning #SAentrepreneurs #BusinessLegacy
I prefer having the company owning the assets, a Trust must own 100% shares of the company. All children myself and wife become beneficiaries of the trust, then make use of the conduit principle.
2025-05-08 08:26:13
61
Sc4R :
Inheriting a business without organisational knowledge is a downhill spiral. money doesn't cover fundamental knowledge deemed necessary for the organisation to exist. start looking at ISO 9001 to maintain that organisational knowledge with succession plans.
2025-05-28 15:18:29
1
Lady bird :
thank you
2025-07-15 11:24:00
1
Ricardo Barnett :
Problem with the company option is most successful business owners kids don’t want the business because they have their own dreams and the family might not even be able to run the business properly
2025-05-10 21:08:12
3
GOSPELGROUND :
Thank you sir.
2025-05-27 20:31:12
1
Claxton :
But doesn't the trust fund protect your investments from tax deductions and so forth
2025-06-22 17:04:27
2
for Posterity 🇿🇦 :
Love watching your content Marcel👌
2025-05-13 06:46:37
1
tsholo :
😅how much money do I need to establish a generational trust
2025-06-27 17:48:03
3
mbe12259 :
If everyone works for their own stuff , inheritance should just be a bonus ?
2025-05-07 16:43:28
2
Vresh Asazi :
How to open a Trust in S.A ?
2025-05-08 03:56:18
2
spoilt263wellnessspa :
very helpful thank you
2025-05-07 16:01:50
1
mosesshaama :
Can I state in my Will and Testament that all my assets should not be inherited but rather be donated to the Trust and indicate in the Will how I want my children should run the Trust?
2025-05-08 17:54:27
1
DIYZENZELE :
company is preferable
2025-05-25 00:45:54
1
Wanjiru J. :
I love this videos, sharing with family.
2025-05-08 20:34:48
1
Bella Dakota ranch :
🙏thank you.
2025-05-21 16:30:37
1
User45747646755 :
Would the following option work: Several different companies that manages assets like property, vehicles and machinery. One or two operating companies leasing assets from sub companies. Trust is shareholder of all companies and family is trust beneficiaries?🤔🤔
2025-05-30 18:24:45
1
desiredgoals2 :
Thank you. Valuable infor🙏
2025-06-27 04:17:38
1
Gabi Ngcobo Ngobi :
Your videos are very very informative. I appreciate this as I share with my husband.. May God bless you.
2025-05-16 04:59:45
2
sihle_za :
excellent advice. But these kids never want to learn, the minute you pass they sell everything... 😫
2025-05-24 03:12:50
4
Steven Sero :
why cant i save your videos?
2025-05-08 17:43:29
1
Mark Such :
Entertain the idea for a second .
family builds business.
opens family trust then pushes all assets into Trust .
will ceeds all life insurances to Trust on death.
trust runs conduit principle
2025-05-07 20:14:05
5
Patience Properties :
This is nice 😊
2025-05-07 16:24:14
1
Musa Goodnews Zaccheaus :
i prefer the company owning
2025-05-09 16:33:40
1
Ricardo Barnett :
Shareholders of the company may not necessarily want to do business with the wife n kids. Also if business gets bad they risk losing everything. Trust protects from all of that
2025-05-10 21:09:40
1
Shosho :
company options makes sense because this depends gets to gain experience I n running the business whilst you can still show them the rope👌👌👌..... can't wait to get into the Tiktok creator pilot program
2025-05-19 16:26:37
1
To see more videos from user @marcelwasserman, please go to the Tikwm
homepage.