Young Adults Need Planning Too
You have guided them to take on many adult responsibilities, and getting their legal affairs in order is another important adult step.
Financial Independence
Fiscally fit kids don’t happen by accident; train your children well.
Tony Robbins’ Secrets to Financial Independence
Tony’s formula seems to be based in common sense: Spend less than you earn; achieve a critical mass for investment income.
Raising Financially Secure Kids
Interesting read about the values shared by many high net worth individuals today.
Financially Empowered or Entitled?
This article offers a good overview for seniors who are struggling with their not-yet-financially-independent children. Of course, an adult child who is fiscally responsible is the ultimate goal, but some may never get there. In an age of entitlement and runaway spending, trusts can provide for adult children while still protecting them, and their inheritance.