Kiplinger Quotes Michael Whitty on Estate Planning and Inheritance Conversations
Partner Michael Whitty was recently quoted by Kiplinger on how families can approach conversations about inheritance and estate planning.
Mike shares insight on why these conversations can be important for helping adult children understand what to expect and make informed financial decisions of their own.
"When children are in elementary school, conversations can focus on family values and money-management basics. As children mature, parents can gradually introduce more information about family finances, including goals for their wealth and, eventually, details about their inheritance planning," Whitty says.
Read more (subscription may be required): https://www.kiplinger.com/retirement/inheritance/how-to-talk-to-your-adult-kids-about-their-inheritance
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