Addressing your end-of-life affairs can be uncomfortable, but avoiding it will only make it harder on your loved ones.
It can be hard to face the importance of getting your end-of-life affairs in order, but avoiding the issue won't make it any easier on your loved ones.
It may seem grim to plan for your death when you're in the prime of your life - it's also important, responsible and incredibly helpful to your loved ones.
Though difficult, having an open dialogue around inheritance is beneficial to both parents and their adult children.
It's difficult to face unknown territory, especially when you're grieving. It's important to surround yourself with the people and professionals that can support you during a transition.
Some conversations, though difficult or uncomfortable, are just too important not to have.
How do you (529) plan on creating a legacy for your kids?
There are options to the "leave everything to ..." model.
The 5 biggest IRA and 401(k) beneficiary mistakes.
Once a family has significant wealth, the problem becomes how to preserve it for future generations—a surprisingly difficult task. Effective multigenerational wealth management requires a family to tackle the personal issues that determine who should benefit from the wealth, the tax hurdles that stand in the way of its efficient transfer, and the capital markets' uncertainties that make it challenging to invest it prudently.