Understanding Generativity - Legacy & Estate Planning
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This document discusses the concept of generativity, which refers to establishing and guiding the next generation through tangible means that outlive one's lifetime. It explores generativity in biological, parental, technical, cultural and societal domains. The presentation seeks to introduce generativity, explain how it manifests, and provide hints for planning one's generative legacy through strategic life planning and estate preparation.
Understanding Generativity - Legacy & Estate Planning
- 1. Spring 2011UNDERSTANDING GENERATIVITYBy: Don West, Jr.The American Institute of Legacy & Estate PlanningPromoting Heritage, Posterity and Generativitywww.Legacy-Institute.orgCopyright © 2011 – American Institute of Legacy & Estate Planning
- 2. Generativity1Introduction to the ConceptUnderstanding the Concept2Applying the Concept3Hints for Planning Your Generativity4This presentation seeks to meet four objectives: Note: These slides are intended to support the presenter’s remarks and comments. Therefore, by design the slides do not to fully convey all the details of the presentation’s subject.Copyright © 2011 – American Institute of Legacy & Estate Planning
- 3. Introduction to the Concept ofGenerativityWhatisit?“A concern for establishing and guiding the next generation.”Dr. Erik K. Erikson, (1950)a famous psycho-analyst most recognized for his work on “Identity Crisis”Copyright © 2011 – American Institute of Legacy & Estate Planning
- 4. Introduction to the Concept ofGenerativityTwo Modern Day Views“Creativity between the generations.”Dr. John Kotre, Ph.D.Psychology Professor, Univ. of Michigan in Dearborn“The ability to generate anything tangible that will exist beyond one’s physical life; particularly when exhibiting a need to nurture and guide younger people and contribute to the next generation.”Don West, Jr., J.D.Chartered Legacy & Trusts PlannerCopyright © 2011 – American Institute of Legacy & Estate Planning
- 5. Understanding the Concept ofGenerativityWhendoesitbegin to occur?Originally, accordingto Erickson’sEight-Stage’s of HumanDevelopment:During Middle AgeToday,in almostanyadultespeciallythosewith:HigherLevels of Maturity &FocusedConcern for the NextGenerationCopyright © 2011 – American Institute of Legacy & Estate Planning
- 6. Technical Domain CulturalDomainUnderstanding the Concept ofGenerativityBiological DomainAdd text titleHow DoesitManifest?TechnicalParentalSocietalCultural ParentalDomain SocietalDomainBiologicalCopyright © 2011 – American Institute of Legacy & Estate Planning
- 7. Understanding the Concept ofBiologicalGenerativityThe act of making a childwhich constitutes the actual creation of a new human life through the passing on of living substances, (e.g., genes, blood and a mother’s milk).Note: There is a difference between giving birth to a child and actually raising the same child, one does not pre-determine or necessarily correlate to the other.Copyright © 2011 – American Institute of Legacy & Estate Planning
- 8. Understanding the Concept ofParentalGenerativityThe act of raising a childwhich refers to acts that constitute actually raising of children and the launch into learning and participating in a family's way of life.Copyright © 2011 – American Institute of Legacy & Estate Planning
- 9. Understanding the Concept ofTechnicalGenerativityThe creation of tangible works that will maintain an existence beyond your life, (i.e., paintings, writings, or a business organization). which describes actual creations and/or the teaching of skills and procedures--how to run a business or organization, how to read or compose music, how to write, how to handle money, how to repair a car, how to build a building, how to program a computer, etc.Copyright © 2011 – American Institute of Legacy & Estate Planning
- 10. Understanding the Concept ofCulturalGenerativityThe creation of a meaning, belief or value system that is passed on to others.which refers to creating, conserving, or redefining a belief, meaning or value system that is passed on to others. In the cultural category, a person teaches not only how to do things, (technical generativity), but also why they are done, what beliefs inform them, what values sustain them, what theories lies justify them, what they "stand for," what constitutes the system’s "soul" or "spirit". Copyright © 2011 – American Institute of Legacy & Estate Planning
- 11. Understanding the Concept ofSocietalGenerativityThe ability to create societal change and/or reform, (i.e., Ghandi, Martin Luther King, Jr., et. al.)which refers to a special ability and the requisite influence to create mass change on a community and/or societal level, often associated with influencing and guiding individuals who are not directly known or lie outside of the immediate reach of the originator. “Every person has the same amount of influence, the only difference is the size of their stage.”Copyright © 2011 – American Institute of Legacy & Estate Planning
- 12. Key Elements to GenerativityAdd text titleIt must beTangible/MeasurableGuide, Contribute or ImpactLast BeyondYourLifetimeIt must beReleased byIts CreatorPotential ToUnderstanding to the Concept ofGenerativityAdd text titleThe Next GenerationCopyright © 2011 – American Institute of Legacy & Estate Planning
- 13. Stopping theDamageLetting GoTalking to Your PastFinding YourOwn VoiceApplying the Concept ofGenerativityBlending Your Voice with Another’sRespondingTo OutcomeSelectingCreatingCopyright © 2011 – American Institute of Legacy & Estate Planning
- 14. Planning a Legacy ofGenerativityStrategic Legacy/LifePlanPreparing aWill andEstate PlanFamilyMissionStatementCreativityIn theTechnical DomainGuides DecisionsWeekly
- 15. Monthly
- 17. Partners
- 19. Energies
- 21. Credibility
- 22. InfluenceCopyright © 2011 – American Institute of Legacy & Estate Planning
- 23. Single Primary Objective/GoalPlanning a Legacy ofGenerativityCore Values & PrinciplesLasting Message(s) & Record(s) of WisdomStrategic Legacy/Life PlanWeeklyMonthlyAnnually5-Year10-Year20-Year30-Year100-YearDefinitiveChiefAimPersonalMissionStatementPersonalLegacyStatementCopyright © 2011 – American Institute of Legacy & Estate Planning
- 24. About the AuthorIs Your Planner a Legacy Specialist?Your Family Deserves the BestDon West, Jr. serves as a LegacyCoach & Consultant advising businesses, organizations and individuals on how to increasetheir performance and deliverhigher value to theirlives, families and bottomlines.To begin to forge a lasting multi-generationallegacy contact Don today and learn more about building ‘Healthy & SustainedFamilyProsperity.’Email: [email protected]: http://www.Legacy-Institute.orgCopyright © 2011 – American Institute of Legacy & Estate Planning
- 25. The End!&The Beginning of Your Generative Path!The American Institute of Legacy & Estate PlanningPromoting Heritage, Posterity and Generativitywww.Legacy-Institute.orgCopyright © 2011 – American Institute of Legacy & Estate Planning
Editor's Notes
- #15: Once a personbecomesaware and committed to the generativeway, theyoftensee the value of proactively planning just how theirgenerational impact willunfold. This cantake a number of forms, but mayinclude:Once a personbecomesaware and committed to the generativeway, theyoftensee the value of proactively planning just how theirgenerational impact willunfold. This cantake a number of forms, but mayinclude: