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Wednesday, December 4, 2013

7 money afflictions from inherited wealth

Inheriting a ton of money would just make things so much better, wouldn't it? Life would be easier, and worry free, right? Apparently not always, according to author Judy Martel in an article in In the article, Ms. Martel talks about seven problems or afflictions that commonly occur when people inherit money. Click here to read it.

Can you see your children becoming afflicted by any of these? If so, you should speak with your estate planning lawyer to discuss distributing your children's inheritance to them in ways that might be more helpful to them. Ask for ideas. I always tell my clients that they don't have to know the answers before they come to see me; they just need to know their questions.

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