What Is Legacy Really About?
When you think of legacy, what comes to mind? Most people immediately picture wills, inheritances, or trusts — the financial assets passed down to the next generation. While that’s one part of the picture, true legacy is about far more than money. It’s about how you choose to be remembered. It’s the values you pass on, the story you live, and the impact you leave on the people and world around you.
Why Legacy Planning Matters
Legacy planning invites us to pause and reflect. It’s an opportunity to explore how we live today — the choices we make, the people we influence, and the contributions we offer. The beautiful truth is that legacy planning isn’t just for the wealthy. Everyone, regardless of financial status, can shape a legacy that reflects their values and creates lasting meaning. In my work as a Longevity Financial Planner, I help individuals and families explore legacy through the lens of a 100-year life. From this perspective, legacy is lived, not left. It’s something we craft every day. And that process is at the very heart of family wealth management — not just preserving financial assets, but aligning your life’s story with what matters most to you.
The Three Elements of a Holistic Legacy
1. Financial Legacy
This is the traditional side of legacy planning — creating wills, trusts, and estate plans to ensure your assets are distributed in a way that aligns with your values. This is where family wealth management plays a key role — enabling you to support loved ones, reduce uncertainty, and make a positive intergenerational impact.
2. Ethical Will
A deeply personal and often overlooked component of legacy, an ethical will is not a legal document but a heartfelt message. You might share the principles you lived by, the life lessons you’ve learned, your hopes for the future, and the wisdom you want to pass on. It’s a powerful way to ensure your values endure beyond your lifetime.
3. Spirit Legacy
Your spirit legacy is how you show up in the world. It’s found in the relationships you nurture, the memories you create, and the kindness you offer. Your spirit legacy is the story people tell about you when you’re not in the room — or long after you’re gone. It’s built through everyday actions, intentional choices, and being present with those who matter most.
Legacy Is Lived, Not Left
Legacy planning challenges us to ask a powerful question: How do I want to be remembered? Not just at the end of life, but right now. Maybe you want to be known as a loving parent, a generous friend, a courageous leader, or someone who brought light to others. This reflection isn’t just philosophical — it becomes a compass that guides your financial, personal, and relational decisions.
You Don’t Need Millions to Leave a Meaningful Legacy
One of the most liberating truths about legacy planning is this: you don’t need to be a millionaire to start building your legacy. You simply need to start living it — with clarity and intention. Here’s how:
- Reflect on your values: What really matters to you? What do you want future generations to carry forward?
- Document your story: Write an ethical will or legacy letter. Pass on your wisdom and experiences.
- Invest in relationships: Prioritise the people and communities that make life meaningful.
- Align your financial plan: Ensure your will, estate strategy, and broader financial decisions reflect your values.
Start Your Longevity Plan Today
If you’re ready to take the first step in building a life of meaning, contribution, and clarity, I invite you to explore your future through the lens of longevity by finding our how clear your vision is of your next chapter
Because legacy isn’t something you leave behind someday — it’s something you create, moment by moment, in the way you live today.
Geoff Ivanac
Longevity Financial Planner
Helping you live well, not just long.
General Advice Disclaimer Please note, the information provided herein is general in nature and does not consider your personal circumstances. It is not intended as legal, tax, or personal advice. Always seek personalised financial advice to ensure your estate planning aligns with your unique situation and goals