The purpose of the Incentives we suggest and set out in this work are various and varied. Some Incentives are intended to shape your beneficiaries to make them productive, worthwhile individuals. The purpose of others is to extend familial bonds for the future. Some Incentives seek to make your beneficiaries more creative and interesting persons. Some of them may well have elements that have appealed to you and which you think may appeal to them. Whichever and whatever, they are mostly designed to encourage and inspire your beneficiaries in some way.
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The purpose of the Incentives we suggest and set out in this work are various and varied. Some Incentives are intended to shape your beneficiaries to make them productive, worthwhile individuals. The purpose of others is to extend familial bonds for the future. Some Incentives seek to make your beneficiaries more creative and interesting persons. Some of them may well have elements that have appealed to you and which you think may appeal to them. Whichever and whatever, they are mostly designed to encourage and inspire your beneficiaries in some way.
Incentives can be divided into several categories. Our approach for this work is to divide them intoFoundational, Important, Simple and Fun
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Foundational IncentivesIncentives which are serious and foundational. This will be where there is great concern that substantial wealth may prove a detriment if not suitably controlled. The potential beneficiaries may already have exhibited adverse characters and the concern is that they will misspend and harm themselves. In this instance the Incentives need to be very carefully chosen and then set up to ensure that there is control by Trustees and safeguards built in.
For example a beneficiary may have to be in work or obtain a university degree, before any allowance if
given.Important Incentives There may be incentives which are important but are not crucial for the beneficiary to survive and prosper. They have a serious purpose in that their effect should be far reaching for example such as your wishing them to learn their family language as that will connect them better with members of the family and community.Between the other incentives, the Important incentives may prove to be the ones of the most lasting benefit if carefully chosen and well implemented. Some of these may prove to be foundationalSimple IncentivesThese may embrace smaller sums of money being given for matters such as reading a book from a chosen list, going on short courses and the like.Fun IncentivesIncentives to ensure that your beneficiaries have fun and joy and comprise of fun things that you think they enjoy or are things that you know they already like and find pleasantSet out some examples for the above and also refer to the longer list
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