Inheritance Tips: Key Conversations for Wealth Transfer

Reported about 10 hours ago

As older Americans prepare to pass down $124 trillion in assets, discussions about inheritance remain largely avoided. Tom Deans, author of 'The Happy Inheritor,' emphasizes the importance of early conversations regarding estate planning to avoid potential chaos later. He suggests that both parents and children should proactively engage in talks about wealth transfer and long-term care, highlighting that introducing these concepts at a young age can foster understanding and preparedness among heirs.

Source: YAHOO

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