Assets dwindle over time. As one generation gives to the next it becomes smaller and smaller till there is nothing left. Along with inflation having effects on it. I had a great great great grandfather (however many “greats” there where) that was an inventor. When my grandmother passed I received a couple hundred dollar check and apparently it was the last of this great decedent’s estate. At least what I’ve been told. Back then that would have been a lot of money. In today’s money that just a couple of video games. I’m supposed to save 10% for the next generation. Maybe they will be able to buy a candy bar with it? Expect I’m the end of the line at this time. While I could have invested the bulk of it and hoped to leave the next generation with something that would not been very fun other than some story where most of the detail has been lost over the generations. It also would have had to sit in investment account for rest of my life to be anything for the next generation. It was spent and some game reviews where written from it along with good times to be had.
Legacy seems to be kindness and the memories of that person along with a couple of photos. Best print those photos out on good stock paper hate for them to be lost due to format type or bit rot! There is a photo book somewhere with a few old photos with names written on the back. If you don’t write and leave your own story then all that is left is government paperwork and some photos!
I used to print pictures and write the date, the event, and the names of the those in the pictures. Long gone are the days of printing photographs. At least in the quantity we used too. On the other hand, I disagree with you thoughts on financial legacy. Regardless of inflation, some inherit a small amount and grow it, other inherit a small amount and don't invest, and others continue to leave behind more than they received.