What is your family all about? What is your mission? Are your financial resources aligned with your mission? These are critical questions to ask as we embark on the journey of being wise stewards. There is a saying from Norway that states "if you don’t pick a port you will end up on the rocks". Steward’s Progress is committed to helping families align their financial resources with their family mission.
Do you have a plan? Do you have a plan for giving an inheritance that will help and not harm your children? Do you have a plan that maximizes the impact of your giving? Do you have a plan for eliminating or reducing estate and capital gains taxes? Are you and your spouse on the same page with all your planning goals and objectives? Do all of your advisors work together as a planning team?
When embarking on a journey to a new place, do you prefer a travel agent or a tour guide? A travel agent will buy your airline tickets, make your reservations at the appropriate inns, get your reservation for a car rental and possibly furnish a road map of the country with some of the better sights detailed.
A tour guide, on the other hand, goes with you on your trip as a personal escort. He may or may not be the one who buys your airline tickets, makes inn and car reservations; but he will be right by your side during the entire trip as your personal guide. Your tour guide has been to your destination many times. He speaks the language fluently and intimately knows all the unusual cultural differences. He will also be able to show you all the sights and experiences that uninitiated tourists will never see or find, because only the locals and seasoned tour guides know about these incredible sights and adventures.