Wealth & Finance May 2017

29 May 2017 1702WF45 2) Utilizing, Documenting, and Preserving Best Practices Every member of a family has unique abilities and gifts that contribute to the family and business success. It is important that people develop a process to properly utilize, capture, and preserve those gifts for current and future generations. It is folly to presume that a family, or business, will have these strengths easily available within future generations. 3) Finding a Common Mission In order to effectively strengthen the current family, and keep future generations unified, it is critical to find a common mission that everyone is willing to support. Becoming a significant inter-generational family dynasty requires a higher purpose that all family members are willing to work towards. 4) The Whole is Greater than the Sum of its Parts Too often families and businesses confuse material success with true wealth. Just because one particular family member earns more money or accumulates substantially more material wealth than other family members, it is important to remember that material wealth cannot be taken into the afterlife once a person passes away. True wealth involves creating a pooled resource for the family, also known as the family’s culture, that captures each family member’s unique abilities, the various family life stories, intellectual capital, financial capital, experiential capi- tal, relationship capital, and spiritual capital. 5) Life is the Ultimate Gift Unfortunately, one of the biggest tragedies in our current times is that human life is being devalued in relationship to material wealth. In reality, people are already multi-trillionaires, at least in the living cells that make up their bodies. It is important to remember that these treasures are meant to support time and talent so that each and every one can fulfill their life’s purpose. Unfortunately, too many individuals and families have fallen into the trap of using their time and talents to solely accu- mulate worldly treasures. 6) Focus on your values versus the value of what you own Whether or not a family member focuses on their legacy is irrelevant since everyone leaves behind a legacy. How do people want to be remembered by their loved ones, their community, and future genera- tions? Live each day as if it were the last, doing the things that will make a difference, since one day it will be right! 7) Make a Choice and move Onward and Upward Seize the day! Live with passion. Make each decision count regardless of the outcome. Every second that ticks by in life is a second that will never return and has been spent forever. By making a difference in the world each day people can fulfil their life’s purpose by sharing their gifts with others.” About Enzo Calamo Enzo Calamo is not merely the CEO of Lugen Family Office, he is also a social entrepreneur, philanthropist, and the founder of the Seven Generation Legacy Process, a proprietary program for safeguarding and empowering family dynasties for legacy oriented families. Furthermore, Enzo is the Amazon Best Selling Co-Author of ‘How To Create Infinite Returns Using The Secret Asset: How To Recover All Business and Personal Expenses Using The Secret Asset.” As a Lawyer and Tax and Estate Planning Consultant within several of Canada’s largest financial institutions, Enzo specialized in helping ul- tra-high net worth clients create effective values based estate plans and business succession strategies that empowered sustainable legacies. As the General Manager and Director of Marketing for Aegon Canada and Transamerica Life Canada, Enzo, along with his exceptional team, transformed multiple company offices into one of the largest distributors for Life Insurance, Annuities, and Segregated Funds in Canada. As the Branch Manager of Investia Financial Services, Enzo managed one of their largest branches in Western Canada. Enzo is the first Canadian Legacy Wealth Coach and a charter member of the Legacy Leadership and Legacy Wealth Coach forums in the Unit- ed States. In 2006, Enzo was designated as an Ultimate Gift Ambas- sador due to his involvement in transforming Jim Stovall’s novel, “The Ultimate Gift,” into a major motion picture. As a very active philanthropist, Enzo has served as Past President of the International Association of Philanthropy Advisors in the United States and as Treasurer of the Canadian Association of Gift Planners in Vancouver. Name: Enzo Calamo, CEO, Lugen Family Office Telephone: 1-866-605-8885 Ext 1 Website: www.lugenfamilyoffice.com