[Easemakers Podcast E65] Endowing legacy properties
How can an endowment help preserve a family's legacy? Winged Keel Principal Mark Richards shares his take in a new episode of the Easemakers Podcast.
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Mark Richards, a Principal at the independent life insurance brokerage firm Winged Keel Group, has spent decades in financial planning, helping families preserve their assets and build a legacy. Over the years, he’s seen that families’ properties can be critical in bringing people together and creating a shared sense of harmony across generations.
In this conversation, Mark shares the value of endowing legacy properties, and how private service professionals can support their principals in the process.
Tune in to hear:
- The types of properties families that may be a good fit for an endowment
- How an endowment can cover ongoing expenses, such as property maintenance and operations
- The benefits of an endowment when it comes to family dynamics
- Tips for estate managers on calculating maintenance costs, starting the conversation, and more
The Easemakers Podcast is available on Apple Podcasts, Spotify, and anywhere you listen to your favorite shows.
Catch up on past episodes of the Easemakers Podcast to hear from more experts in the private service industry, and don’t forget to subscribe on Apple Podcasts to get notified about future episodes. Follow along with @easemakers on social media, and of course, be sure to join the conversation in the Easemakers community after you listen!
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