Across history, dynasties have thrived because of more than physical assets. It’s about passing on both values and capital. Joseph Plazo, a lawyer and wealth strategist, emphasizes that creating generational wealth is not an accident—it’s the result of discipline.
How Wealth Really Starts
You cannot preserve what you have not built. Joseph Plazo advises 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. Proper shields mean wealth endures regardless of economic storms.
The Soul of Generational Wealth
The wealthiest families don’t just pass on capital—they pass on a code.
According to Joseph Plazo, creating generational wealth means teaching heirs how money works. With it, money compounds across generations.
Designing Wealth for Centuries
The key is designing systems that function without you.
Plazo advocates making wealth self-sustaining through structures, not individuals.
Such systems guarantee your legacy continues get more info to grow.
The Final Word
In today’s uncertain economy, dynasties are built not by chance, but by choice.
Joseph Plazo’s perspective is clear: “Anyone can earn a fortune; few can build a dynasty.”
And that’s the heart of it: building not just riches, but a dynasty.