"A good man leaves an inheritance for his children's children, but a sinner's wealth is stored up for the righteous." ~Proverbs 13:22
Inheritance means 'quality, characteristic or possession received from a preceding generation.'
"I want my inheritance for my children to be more than cash but character as well."
WEALTH is ONLY about the Money You have...
-When you have WEALTH you have made a good LIVING
PROSPERITY is about every part of your life whole and happy...
-When you have PROSPERITY you have made a good LIFE!
You can be Rich and not be Prosperous AND You can be Prosperous and not be Rich!
LEAVE A LEGACY OF PROSPERITY in 2 WAYS:
- A Legacy of Faith
Where we Place God in our Lives
"O God, you have taught me from my earliest childhood, and I have constantly told others about the wonderful things you do. O God. Let me proclaim your power to this new generation, your mighty miracles to all who come after me."
~Psalm 71:17-18
HOW do we leave a legacy of faith:
- Make going to church every week a priority
~Luke 14:6 - Take time to pray every day
- Read the Bible and follow what it says
- When trouble comes our way – FIRST choose to pray
"A good name (literally "character") is rather to be chosen than great riches, and loving favour rather than silver and gold."~Proverbs 22:1
"The Character comes before the cash!"
There is a difference between Character & Reputation:
- Reputation is what you are considered to be;
Character is who you really are. - Reputation is what you have when you come to a new community;
Character is what you have when you go away. - Reputation is made in a moment; Character is built in a lifetime.
- Reputation grows like a mushroom(quickly);
Character grows like an oak (over time) - Reputation is learned in an hour; Character is does not come to light for a year.
- A single newspaper report can give you a reputation; a life of hard work gives you your
character. - Reputation makes you rich or makes you poor;
Character makes you happy or makes you miserable. - Reputation is what men say about you on your tombstone;
Character is what angels say about you before the throne of God. - Your reputation is what men think you are. Your
character is what God knows you to be. ~William
Hershey Davis
Your Character will impact generations to come!
- A Legacy of Finances
"Precious treasure remains in the house of the wise, but the fool devours it." ~Proverbs 21:20
Remains means 'being left, or stays behind.'
Dangers of NOT Preparing a Will and Power of Attorney
WITHOUT A WILL...
- ASSETS ARE FROZEN:
- FUNERAL OR BURIAL PAYMENTS can be delayed
- MONEY IS DISTRIBUTED– according to a preset formula determined by the province you live in.
- CHILDREN’S GUARDIANSHIP – is determined by the courts (NOT the family)
- COSTS will SKYROCKET. – meaning your family will get less and the government will get more!
"A prudent [wise] person foresees the danger ahead and takes precautions." ~Proverbs 22:3
- Where there’s a WILL - there’s a WAY for you to have your say!
- Where there’s a WILL there’s a WAY – to honour God by giving to him.
“Honour the Lord with your wealth...” ~Proverbs 3:9
- Where there’s a WILL there’s a WAY – to care for our family and friends.
You need to establish a GUARDIAN for your kids
- Someone who is Godly
- Someone who will keep them in church
- Someone who will have the same standards that you have
5 Important DON’Ts when it comes to WILLS
- Don’t put it off!
- Don’t Do it Yourself!
- Don’t ONLY have a WILL – you need a Power of Attorney!
(A Power of Attorney is a legal document that gives someone else the power to make decisions for you in the event that you can’t make decisions for yourself.) - Don’t Put it AWAY and FORGET about it!
- Don’t put it in a PLACE that NOBODY KNOWS ABOUT!
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