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Currently the most widely used framework of human values is by Schwartz3. He conceptualizes values into 10 different valuetypes that together form a valuecircumplex, with two main dimensions underlying
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01
Identify your core personal beliefs and values that guide your actions and decisions.
02
Consider your family's history and the values passed down through generations.
03
Reflect on the significant experiences that shaped your values and those of your ancestors.
04
Write down the individual values clearly and concisely.
05
Group related values together to identify generational themes.
06
Create a visual representation or a written document outlining both individual and generational values.

Who needs individual and generational value?

01
Individuals seeking personal growth and self-awareness.
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Families looking to understand their heritage and strengthen familial bonds.
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Organizations aiming to align their mission with core values of their members.
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Counselors and coaches assisting clients in value identification and alignment.
05
Cultural researchers studying family histories and societal values.
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Individual and generational value refer to the financial worth measures assigned to a person or family across generations, often used in the context of wealth assessment, taxation, or economic reporting.
Individuals or entities with assets exceeding a certain threshold, as specified by tax authorities, are typically required to file individual and generational value.
To fill out individual and generational value, one must gather financial data, complete the required forms accurately, and provide supporting documentation as specified by the governing tax authority.
The purpose of individual and generational value is to assess the wealth and financial responsibilities of individuals and families for taxation, estate planning, and economic analysis.
Information that must be reported typically includes total assets, liabilities, income sources, and any historical financial data necessary to assess generational wealth.
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