Generational Thinking

By Alan Pratt 4 years ago. Family LegacyInheritanceLegacy

Generational thinking does not come naturally to most of us. By “generational thinking”, we mean intentionally planning and being cognizant of our own actions, preparation, and decisions that will affect our children, grandchildren, and great-grandchildren. They will make their own decisions, whom they will marry, how they will invest their time, energy, and wealth. They will also make decisions on how they receive gifts of inheritance or access to trusts.

When we are long gone, the time we share and the planning we put in place will affect them directly almost always in a positive way. Correspondingly, the lack of time spent and the lack of instilling values may also affect them in a negative way.

Those who are grandparents understand keenly that sharing family values and time spent together are precious indeed. When talking to others and even reflecting on my own life, I am struck by how few of us personally knew our great-grandparents. I recall my Great-Grandfather Phinney, father to my grandmother. He lived in Tacoma, and we would visit occasionally. I was not of an age to hear and understand their values and beliefs or to even comprehend the adult discussion. However, I do remember warmth, trust, and character at an early age.

When Helen and I were newly married, we were often invited over to spend time with my Grandmother Alfie and Grandfather Roy, who at that time in were in their 80’s. The four of us would play bridge together, enjoying the lighthearted quality time that can only be had with a face-to-face experience. Our memories of those times were warm, punctuated with laughter, smiles, and the occasional soft-spoken words of wisdom. As a young couple, we eagerly listened to them, even while our minds were focusing on building our lives together. To this day, I am confident that a part of the warmth I felt in that small home from my great-grandparents in Tacoma was reflected in those nights around the bridge table, being seen and more often than not, being felt.

While individuals are indirectly impacted by their grandparents’ lives, decisions, and time-spent, we, in turn, have that same ability to impact our family line. There is an old adage that says:

“Values are caught, more than taught.”

We need to share the stories of the hard times – how we endured, how we persevered, how we got through it. We need to share the stories of our grandparents’ values, their commitments, their roots. When we share these stories to generation 2, or generation 3 down the family tree from us, we are imparting wisdom to them. In a sense, we are able to give them survival tools that we inherited from the generations before us. We are simply passing the torch and adding our own lessons. If we are fortunate, and if they have ears to hear, we are also able to give them tools for success, be those imparted values, life skills, or physical resources.

If you have any stories about your family generations, past and forward, we would love to hear them. Share them with us here or tag us on Facebook or Twitter.

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Alan Pratt
Alan Pratt Serving as the President of the Northwest region of The Signatry, Alan works to equip others with the creative tools, strategies, and insight they need to maximize their generosity and establish a lasting legacy.

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