Navigating Family Money Talks: The Importance of Intent and Expectations

Reported about 3 hours ago

As the holiday season approaches, discussing financial matters with family can be challenging. Valerie Galinskaya from the Merrill Center for Family Wealth emphasizes the need for clarity and anticipation in money conversations, highlighting that understanding 'intent and expectations' can ease these discussions. With the ongoing wealth transfer, both parents and young adults often feel apprehensive about bringing up financial topics, making it essential to approach these talks gradually rather than all at once.

Source: YAHOO

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