Are you a retiree or nearing retirement? Learn why involving your adult children in financial and estate planning is crucial for protecting your legacy, avoiding future stress, and ensuring your wishes are honored.

In today’s always-on digital world, reading can seem like a quaint pastime. After all, a pithy social post is easier to digest than a full book. However, real learning typically requires a commitment to delve into a topic in some depth. That’s particularly true for anyone seeking to enhance their financial literacy.

Overreliance, emotional strain, and long-term impacts to your own retirement plans… It can be difficult to prepare your children for the world AND prepare them for financial independence. Unfortunately, we have seen first-hand how our clients’ own plans for retirement can be negatively impacted when children remain financially tethered to their parents for too long.

Second marriages offer an opportunity for a fresh start. Couples are given a chance to wipe the slate clean, learn from past mistakes, and experience love and happiness.They’re also given an opportunity to correct previous financial missteps, build a prosperous shared financial future, and leave a legacy behind for their children and beneficiaries.

Out of all the things you try to teach your kids, how to handle money might not be at the top of the list. Maybe you think your kids are too young, that they’ll learn about it in school, or that without a significant source of income, they don’t need to learn good money habits.

When it comes to estate planning, the focus is often on married couples. For those who never married, are widowed or are divorced, the importance of estate planning is sometimes overlooked.