Passing on Generational Wealth with Lori & Roger Gervais of The Gervais Group | NOF #49

The Nomad on FIRE Podcast

The Nomad on FIRE Podcast | with Lori and Roger Gervais | NOF #49

Guests Bio

Lori and Roger Gervais, the husband and wife team behind The Gervais Group, named by Forbes as a “Best in State Wealth Advisors” in Wisconsin and authors of the new book Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations by Lori and Roger Gervais. This is a very interesting topic that I haven't discussed on the show before, building and passing on generational wealth. We discuss vision, values, how to have difficult money conversations, strategy, and much more!

Links Mentioned

• Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations by Lori and Roger Gervais
• The Gervais Group

Show Notes

• Lori and Roger's background 01:20
• How is it working together as a husband and wife team? 04:50
• Why did Lori and Roger want to write Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations by Lori and Roger Gervais 06:32
• Vision and Values 10:20
• Tips for having difficult money conversations 16:00
• Financial Literacy 18:40
• Basic financial topics and ways for families to stay organized and start planning 21:50
• Strategies for transferring wealth to future generations 30:20
• The concept of a Family Bank 35:50
• Reasons families might want to use a trust 37:20
• New positive habits 41:00
• Where to connect with Lori and Roger 42:20
• The Gervais Group
• Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations by Lori and Roger Gervais

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