Ask Terry Questions Best will to leave money to kids

Best will to leave money to kids

By Terry Savage on March 18, 2019 | Financial Planning / Retirement

My wife and I are retired what is the best way and most reasonable way to leave are money to children

Terry Says

That’s a big topic – -and a lot depends on how much money you’re talking about, how the money is currently invested, how property is currently titled, how income is received (ie, a lifetime pension?) — and the unknowable:  how much money you will need in your lifetime.   Please read this recent column on estate planning.    Then seek out professional advice on getting it done right.  If you make a mistake, you won’t be around to fix it when it is discovered!

Recent Financial Planning / Retirement Questions



a personal
finance question