Skip to content

To Successfully Pass Down Your Wealth, First Share Your Intent

August 27, 2019

From the Kiplinger website

Yes, it’s important to talk about your estate plan with your children and how all the pieces work, but it could be even more important to make sure they understand the intent behind your wishes.

Three children — one is business-minded, one is a teacher and one is an artist — grow up in a wealthy household. While they understand their fortunate circumstances, they don’t understand just how much wealth their parents had accumulated. The parents face a conundrum: They want to begin communicating future plans and financial values to their children, but they don’t know where to start because each child’s money management acumen varies.

Continue reading

From → Finance

Comments are closed.