Kiplinger

Estate Planning: 3 Tips to Get Your Family Talking More Effectively

Picture this. You've decided to tell your kids about your estate plan. This is a big step for you and your family. You want to be more transparent, you want to share more information, and you want the kids to be thrilled that they are being brought into the "inner circle."

You have excellent intent! But then, BOOM! Instead of Kumbaya, it's like an explosion goes off. Things don't end up going quite as you planned. Feelings are hurt, arguments ensue and you completely miss the end goal. Was this just mission impossible? What should you have done differently?

Make sure to signal before switching lanes

I have seen this example play out all

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger3 min read
Cryptocurrency: Stay In? Get Out? How to Decide?
Warren Buffett is famous for saying “Only when the tide goes out do you discover who's been swimming naked.” If you invested in cybercoins, the news has not been good lately. Are you wearing your bathing suit?  What to do?  Is time to take your profi
Kiplinger5 min read
As the Market Falls, New Retirees Need a Plan
Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the
Kiplinger5 min read
4 Steps for Managing Income Withdrawals in Retirement
If you’re like most Americans nearing retirement, you’re worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they’ve saved enough to retire comfortably. At a time when the stock market is down, inf

Related Books & Audiobooks