Being a “homemaker” or stay-at-home mom has been a hot topic in the news recently. This topic has certainly proven to be a bit of a lightning rod, and there is no one-size-fits-all for families. I simply want to provide a framework for families to consider the possibility of a stay-at-home mom. Not that long […]
Challenging Cultural Norms: The Financial Case for Stay-at-Home Moms Read More »
A family legacy meeting is not something you learn about in school. It’s not something you discuss at the office party or at your kid’s sporting event. But it is something that can benefit anyone, particularly if you have assets that you wish to create a legacy with. Let’s use the good ol’ 5 W’s
How to Hold a Family Legacy Meeting Read More »
I have had the opportunity to see and help hundreds of families deal with the transfer of assets after the passing of a loved one. All the smooth transitions had a single commonality; the plan was communicated clearly, and often multiple times over many years. I’ve witnessed firsthand the importance of proactive financial planning and
Why Annual Family Legacy Meetings Are Essential to Your Family and Finances Read More »
You are back home celebrating the 4th of July holiday with your elderly mother. She has always bought fireworks for the grandkids, but this year she is hesitant. When pressed, she acknowledges that money is just a little bit tighter this year. As far as you know, nothing has changed in her financial situation, so
Financial Elder Abuse: 5 Easy Ways to Protect Your Loved Ones (or Yourself) Read More »
As many of you reading this blog probably know, I have six children who range in age from nine to nine months. Obviously, our kids are still young, so the jury is still out on whether we have raised financially responsible children, however we have had some recent wins in the teaching money values department.
Practical Tips for Teaching Kids About Money Read More »