Did you know that 70% of the time, family assets are lost from one generation to the next, and assets are gone 90% of the time by the third generation? Giving, receiving, and using one's inheritance wisely isn't easy and usually takes a lot of intentional planning and emotional consideration.
In this episode, Modearn™ advisors Kevin Rex and Stacey McKinnon share their tips on all things inheritance to ensure you are prepared financially, relationally, and emotionally, when giving or receiving.
You should watch this conversation if you're interested in...
- Learning whether it’s better to give money during your lifetime or after death
- Avoiding common mistakes when receiving your inheritance
- Smart strategies for structuring inheritance to reduce family conflict and maximize impact
- Why “fair” doesn’t always mean “equal” — and why that’s okay
