Do your kids know how much money you have?
In a recent blog, I talked about whether you should consider giving your heirs some of their inheritance in your lifetime rather than having them wait until you die to receive everything from you. If people decide to do this, their heirs, usually their children, will gain some insight into the extent of the giver’s wealth. This raises the question, do your children know what you’re worth? And, how much do you want them to know? Some of my clients … Continued