Should an inheritance be strictly an inheritance, to be left to children when their parents die? Or should parents use at least some of that money while they’re still alive to help out their adult children financially? And if parents give while they’re alive, how much should they give and when? Of
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So how do you actually know the best time to pass on your inheritance to your children and their children?
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Deciding how to leave your financial legacy is an important element of estate planning. Here are some pros and cons to giving an early inheritance.
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«Is it better to help your children when you’re still alive? Or wait until after you die?»
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"Die with Zero" author Bill Perkins shares why it's more beneficial to give your children an early inheritance, rather than leaving them money in a will.
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If you’ve been weighing the pros and cons of setting up a trust for your young child, wondering if you really have enough assets to warrant such an expense, you must read Stacey L. Bradford’s recent article in the Wall Street Journal entitled “Deciding if Your Kid Is Trust-Worthy”. In […]
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