The pandemic is causing us to consider a lot of things that we may not have before, even if maybe we should have. Have you thought about who would care for your children if you got sick with COVID-19?

In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail.

As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of the motivating factors driving your life’s work. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered. In some instances, an inheritance can even wind up doing your kids more harm than good.

In many FAMILIES, MONEY still is not a typical dinner table DISCUSSION, but we think it should be. Surprisingly, this is especially true when it comes to affluent PARENTS. And, we HOPE to CHANGE it because one of the most IMPORTANT things you can do is TALK to your KIDS (and your parents) about MONEY.

In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail.

As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of the motivating factors driving your life’s work. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered. In some instances, an inheritance can even wind up doing your kids more harm than good.

Probably every parent who has watched the news recently has felt the heartbreak over what’s happened to immigrant families at the border due to immigration regulations.