Sometime ago, I observed and heard the stories of those who passed on and the effect on their immediate family. And it gave me concern.
At the time this thought flooded my mind, I wondered majorly about the financial challenge that may come with the passing away of the parent on the young ones. Worse still if were both parents at the same time. Would there have been enough in place for the children to survive and live on, especially with the standard they enjoyed in the lifetime of their parent? Would there have been someone mandated with the responsibility to administer these funds, if all kids were minors, in a fair, wise and proper way? Would every area of their lives be well cared for – emotional, psychological, physical? Is there any establishment in place now that handles this fully?
Some would say there are insurance companies and all, but besides financial re-imbursement to the next of kin, are they saddled with the responsibility of somewhat filling that parent’s shoes especially when there is no worthy family member to take charge?
Then I discussed this at small meeting and I came out with the understanding that there are certain things you need to pass on to your young ones/put in place now so as to keep your mind at rest. So that come what may, when they take the baton from you at the time you pass it on, they would run their race even better than you did yours.
Firstly is the finance bit. This cannot be underestimated - Savings, investments and property. Never assume any sum is too small to set aside. Little drops make an ocean. Be diligent, be consistent. Along with this, is letting your spouse, lawyer or trusted friend/family in on whatever is in place for them. An uncle once told me when I marketed a company’s shares to him that, he would rather focus on property, since his kids could sue tenants for non-payment of rent and not the management of a company for non-payment of dividends. Different schools of thoughts but I got something from his counsel.
Secondly, you must imbibe the right values in them. The first may be a tough call for some but this one costs only time and conscious effort. If they can’t stand for something, they’ll fall for anything. Let your kids know what you stand for. Let them also know those values would make them outstanding, with or without you. Values like integrity, loyalty, excellence, humility, fairness etc are being used in companies now so everyone is functioning with the same mindset to sustain the business and its brand, how much more a lineage?
Thirdly, the ability to make something out of nothing or increase whatever comes into their hands. This would help them turn those lemons life offers them to lemonade. It would also enable them appreciate their small beginnings ad maximize the little they have in hand for greater things.
Lastly, but definitely not the least is faith & hope in God. This assures them someone greater than man is on their side. It would let them know come what may, the best is yet to come and will surely come.
So as we pray for long life, let’s remember, life is a relay as we pass the baton on to the generations after. Know the colour of your baton and let them know what colour they are looking out for to run with when it’s their turn.