Among people that have accumulated enough of a nest egg to pass on, my experience is there is little thought given to whom they will bequest the money. It’s generally a forgone conclusion any inheritance will go to their children or grandchildren. The societal money script around leaving an estate in the U.S. is “Good parents leave all their money to their kids,” and “the more money I can leave my kids the better off they will be.” It’s not surprising then there is usually no thought or discussion on how to pass on an inheritance in a manner that doesn’t harm the kids and rarely, if ever, is there any discussion on leaving money philanthropically.
A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..
