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Thursday, August 11, 2011

Do your kids know about money?

Have you considered how your child's financial acumen will impact the family wealth? A surprising number of well-off families haven't addressed money issues with their children. This article by Tom McCullough in http://www.capitalmagazine.ca/ gives some ideas about what parents should be communicating to the kids, and why it's so important. Click here to read the article. The attached photo is also from http://www.capitalmagazine.ca/ .

1 comment:

  1. My husband is the owner of our property which is our principle residence.We have a grown son , If my husband dies who inherits that as a tax free, do I have to pay tax if I want to sell it after a while . What happens to his mortgage in that case.

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