Advice for family wealth transfers

Roger Wohlner •
Investopedia Stock Analysis

Money conversations between parents and adult children are difficult at best. Issues such as investments, retirement planning, estate planning wishes, and elder care are never easy. A study by Fidelity Investments entitled, Intra-Family Generational Finance Study, highlights some of the key issues involved. A lack of communication and planning can be costly to the family in


Make sure your wealth serves your family, not the other way around

Daniel Scott •

Shutterstock Families are complicated. Creating a system of governance to preserve family wealth for multiple generations is even more complicated. How complicated? Well, let’s just say that the current industry standard has a 70% fail rate. That is, if you employ traditional estate planning methods, there is a 70% chance that your family’s wealth will


Build retirement income with condo investing

David Leto •

As people near or reach retirement, many consider how to cut expenses while maintaining their current quality of life. Some get pensions, though most rely on Social Security and retirement investments to fuel their life after the paychecks stop. One of the first considerations is housing, and condo living is quite a popular draw for