Parallel Planning for Growing Generational Wealth with Thomasina Williams
Ever heard the saying "Shirt sleeves to shirt sleeves in three generations"? It's a stark reminder that generational wealth doesn't simply happen; it requires intentional planning and a focus that goes beyond finances. In this episode of How Women Inspire, we sit down with Thomasina Williams, founder of Sankofa Legacy Advisors, to discuss the often-overlooked human element of building a lasting family legacy, the concept of parallel planning, and more. This week’s episode 154 of How Women Inspire Podcast is about parallel planning for growing generational wealth!
In this episode of How Women Inspire Podcast, Thomasina Williams is sharing the importance of intentionality around generational wealth and actionable steps you can take right now to keep human capital at the forefront of wealth conversations.
Thomasina Williams partners with families to develop leaders. Working at the intersection of family business, family systems, and leadership development, she helps clients build multigenerational legacies of connected and capable families, who are engaged stewards of their resources. Clients have described her as their “high-beams,” lighting the way and guiding them through unfamiliar and uncomfortable territory. An accomplished lawyer and philanthropy strategist, Thomasina is the founder of Sankofa Legacy Advisors.
Some of the talking points Julie and Thomasina go over in this episode include:
The concept of "shirt sleeves to shirt sleeves in three generations," in regards to families' maintenance of generational wealth.
The tendency for families to focus solely on financial assets and forget the human element.
Examples of how families can be purposeful in developing their human capital.
The meaning of legacy and being intentional in designing our lives.
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