It’s not uncommon to want to leave a gift for your children and family members at your death. We find that clients who are in a position to share their wealth with others often plan to do so through their Last Will & Testament.
There are many things we plan for as couples—like where we want to live, how many children we want to have, and when we want to retire. More often than not, we don’t plan appropriately for the inevitable. Death unfortunately is not an option. Wouldn’t it be better to know that your loved ones...
Something we’ve learned in our Financial Advisory firm is that a client’s retirement success in part depends on how financially savvy their kids are. We’ve seen too often how a client’s financial plan is stressed if they continually help out their kids money-wise. Planning to retire? It can be...
Remember the first time you met your partner and had many in depth conversations about each other? What’s your favorite food? What’s your favorite color? What are your religious beliefs? How many kids do you hope to have? How many times in the early stages of your relationship did you discuss...
I was one of those moms who insisted her kids do chores. Not just 5 minutes worth but a number of regular daily chores. We did this to develop of a sense of belonging and to learn responsibility. Another reason was I didn’t want them to see Mom and Dad always working while they loafed around...
Is college worth it? A few years after baby boomers finished college beginning in the 90s, the cost of education started rising higher than the costs of other goods and services1. Now, as we are trying to secure education for our own children, we are faced with mind-boggling expenses. The...
My sister in law is an Emergency Room nurse. Our conversations can be odd in that when I talk finance, she wants to cover her ears. When she talks medical, I do the same. Even though I often try not to listen to her stories, her words have gotten through and I’ve learned an important lesson....
As a Financial Advisor, talking about money, finances and cash flow with clients is a normal every day occurrence. One of the most common questions I’ve been asked by clients has been “How can I talk to my children or grandchildren about money?” and “How can I teach my children about the value...
