The Money.
The Second Pillar, the Company.
Every parent establishes a company for their child from the moment they are born.
This company is nurtured and developed just like their own child.
The company’s activity is based on the parent’s hobby. A hobby is something that comes from the heart. We are never too tired for it, and we always have time for it.
We use this activity to generate income for our children. Ideally, all our knowledge, wealth, and plans will be carried forward by our children.
This is the foundation we build upon.
The company’s profits are placed in a separate account, which the child can access only after they turn 24, following the completion of their studies.
The concept is as follows:
The wealth and cash accumulated by the company are distributed to the children in installments at
the ages of 24, 34, 44, 54, and 64. Each installment consists of 20% of the total amount.
This way, our children can continue the work we started.
This can grow into a strong dynasty, like our role model, the Rothschild family, but faster.
This company will be one of the foundations providing financial security for our children.
In the case of multiple children, each will receive an equal share.
Naturally, other financial foundations should come from the mother and family (if available).
The key point here is that this is a separate financial solution that the child can freely use and spend without depleting the family fortune.
