Make Thanksgiving Meaningful
November 17, 2022
When you’re gathered around the Thanksgiving table with loved ones this year, you have the opportunity to share your values and hopes for the next generation. Do you want them to follow their dreams? Give back to those less fortunate? Take care of each other?
Thanksgiving conversations can be what you make of them. We share discussion ideas to help you deepen bonds and guide your legacy.
- Share something meaningful you’ve done with your money. This can inspire conversations about building a business, taking memorable vacations, or giving back (and specific charitable organizations you’d like to support).
- Describe what success means to you. For some people, success is about financial security, but for others, it could be about being a leader in the community or achieving something personally meaningful (such as running a marathon).
- Talk about a failure you experienced and what you did to overcome it. This topic can be important for the younger generation to hear. They may see you as successful without understanding how you got where you are today or challenges you had to surmount.
- Discuss your greatest accomplishment. Your children and grandchildren may be surprised to learn you used to have a fear of public speaking, went backpacking around Europe as a teenager, or defended a schoolmate who was being bullied. Thanksgiving is a great time to share our fondest memories.
- Thank someone, even if they are not sitting around your table. Inspire a thankful mindset by taking a moment to acknowledge someone who cared for you during an illness, taught you something meaningful, or did something to make you smile. An attitude of gratitude can be good for your health!
Washington Trust Wealth Helps You Plan Your Legacy
Providing for loved ones goes beyond passing down financial wealth. How will your family use the assets you leave them? As you gather around the table enjoying your favorite holiday fare, why not take the opportunity to start conversations that can make your holiday more meaningful?
Your Washington Trust Wealth Advisor helps you create an estate plan and a legacy that makes you proud.
Not yet working with a Washington Trust Wealth Advisor? Please contact us to learn more!
Connect with a wealth advisor
No matter where you are in life, we can help. Get started with one of our experts today. Contact us at 800-582-1076 or submit an online form.
This document is intended as a broad overview of some of the services provided to certain types of Washington Trust Wealth Management clients. This material is presented solely for informational purposes, and nothing herein constitutes investment, legal, accounting, actuarial or tax advice. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. Please consult with a financial counselor, an attorney or tax professional regarding your specific financial, legal or tax situation. No recommendation or advice is being given in this presentation as to whether any investment or fund is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors, or markets identified and described were, or will be, profitable.
Any views or opinions expressed are those of Washington Trust Wealth Management and are subject to change based on product changes, market, and other conditions. All information is current as of the date of this material and is subject to change without notice. This document, and the information contained herein, is not, and does not constitute, a public or retail offer to buy, sell, or hold a security or a public or retail solicitation of an offer to buy, sell, or hold, any fund, units or shares of any fund, security or other instrument, or to participate in any investment strategy, or an offer to render any wealth management services. Past Performance is No Guarantee of Future Results.
It is important to remember that investing entails risk. Stock markets and investments in individual stocks are volatile and can decline significantly in response to issuer, market, economic, political, regulatory, geopolitical, and other conditions. Investments in foreign markets through issuers or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical, or other conditions. Emerging markets can have less market structure, depth, and regulatory oversight and greater political, social, and economic instability than developed markets. Fixed Income investments, including floating rate bonds, involve risks such as interest rate risk, credit risk and market risk, including the possible loss of principal. Interest rate risk is the risk that interest rates will rise, causing bond prices to fall. The value of a portfolio will fluctuate based on market conditions and the value of the underlying securities. Diversification does not assure or guarantee better performance and cannot eliminate the risk of investment loss. Investors should contact a tax advisor regarding the suitability of tax-exempt investments in their portfolio.