Avoid going from shirtsleeves to shirtsleeves in 3 generations
Following is a guest post from author, Michelle Laurey. Money can be a sensitive subject, even among your closest friends and family members. Many families struggle at one time or another. Different events in life...
A long standing strategy to avoid estate taxes may no longer be needed. The by-pass trust has been a standard estate planning tool for quite some time. A somewhat typical plan for a married...
How to pass your Investments onto your children in your Will The issue of passing investments onto children impacts on your savings, the type of retirement plan you choose and also how you make...
I wish each and every Mom out there the very best Mother’s Day ever and hope you have a nice visit with your loved ones. My Mom was a graduate of Harris Teachers College...
I recently had the opportunity to chat with Lori R. Sackler, author of The M Word – The Money Talk every family needs to have about wealth and their financial future. When her book...
If you are like me, you may have considerable amounts of your estate in IRAs. I have a traditional IRA (money went into it pre-tax so all money coming out is taxable as regular...
This is a review of: The Business of Family – How to Stay Rich for Generations. This book by Linda Davis Taylor was published in 2015. Linda Davis Taylor is a participant in a...
When anyone talks about generational wealth, most people mean wealth that lasts for generations. Wealth made in one generations and kept in the family over time, like the Rockefellers or the Johnsons. But, there...
Our family (my spouse and I, our two sons and their wives) have been working on a values statement for quite some time. I have written about our past steps in: How to Write...
No one likes to think about death and no one likes to spend precious time dealing with something that will happen after they die. You are doing this only for those who come after,...
