When The Kids Aren’t Ready

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We’ve been doing something in the hopes of helping you. We’ve been talking about how to have “the money talk” with your adult children as beneficiaries. In doing this, however, we made a huge assumption: that your kids were ready for this discussion. If it turns out that your hard work to “button things up” has backfired by their resistance, tune in to this episode. There are both emotional and logistical reasons they aren’t ready. MarketWatch contributor Richard Watts sums it up perfectly: “Money is like a narcotic; a little more is always welcome, and the last amount never quite fills your present need. Give your children enough that they do something, but not so much that they do nothing.”  There are many options available to create this balance. Tune in to find out more.