Generational wealth has always been more than physical assets. It’s about creating long-term security. As Joseph Plazo explains that creating generational wealth is not an accident—it’s the result of systems.
Step One: Creating the Capital
Every dynasty begins with the first builder. Experts like Joseph Plazo recommend building both active and passive income.
Consider this: Families that built lasting wealth—like the Rockefellers—did so by creating businesses that outlived them.
The Art of Preservation
History shows that 70% of wealthy families lose it all by the second generation. The problem isn’t the money—it’s the lack of systems.
Plazo insists, preservation requires tax-efficient vehicles and corporate shields. Without them, even millions vanish.
The Hidden Currency of Dynasties
Money alone is fragile. Values make it last.
Plazo reminds us, creating generational wealth means teaching heirs how money works. Without this, inheritances turn into squandered opportunities.
Systems That Outlive You
True wealth is engineered to last.
Joseph Plazo recommends codifying rules into website family offices, trusts, and succession plans.
That way, your great-grandchildren benefit from your vision.
Why This Matters Now
With markets shifting faster than ever, creating generational wealth is both a challenge and an opportunity.
Joseph Plazo’s perspective is clear: “Wealth is not about today’s luxury—it’s about tomorrow’s legacy.”
And that’s the heart of it: ensuring prosperity lives longer than you do.