More Articles for Your Family

A wealth manager to millionaires says parents who leave their kids money often miss the most important step

Tanza Loudenback •
Business Insider
African young mom listening teen daughter sitting on couch together

Michael Farrell, a wealth manager to millionaires, believes there’s much more to inheritance than handing over money. Farrell is managing director of a wealth management firm whose typical client is worth at least $10 million. “We tend to work with a lot of first-generation wealth creators. They have a bit of a blue-collar mentality about their

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Here’s how much money you need to save every month to put your kid through 4 years of college

Tanza Loudenback •
Business Insider
Here's how much money you need to save every month to put your kid through 4 years of college

College is a huge financial investment, but most families believe the high price is justified. According to the Sallie Mae report “How America Pays For College 2019,” a survey conducted in partnership with research-company Ipsos found that seven in 10 parents and students say the cost of college today is either appropriately priced, a bargain, or

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What to know about buying long-term care insurance

Richard Eisenberg •
Forbes
What To Know About Buying Long-Term Care Insurance

Here are two eye-popping facts: Someone turning 65 will have a nearly 70% chance of needing long-term care in the future. And the annual cost of a private room in a nursing home (national median) is over $100,000 a year, according to the recent Genworth Cost of Care Survey. Yet only about 10% of Americans

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4 ways to improve your estate plan

Jamie Hopkins •
Forbes
4 Ways To Improve Your Estate Plan

Everyone’s heard the stories of celebrities who died without a proper estate plan in place. It’s been a hot topic in the last few years with Prince and Aretha Franklin serving as unfortunate faces of the phenomenon. But it’s not just freewheeling entertainers. Abraham Lincoln—a lawyer by trade—didn’t have one either, which leads me to

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