Economics Matters with Laurence Kotlikoff cover image

Everything You Need to Know About Trusts With Alan Glassman

Economics Matters with Laurence Kotlikoff

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Wealth Management Insights

This chapter examines the financial habits of affluent individuals, emphasizing the contrast between their substantial assets and restrained spending behaviors. It addresses the complexities of estate planning, the psychological barriers to financial management, and the importance of proactive engagement in planning for future generations. The discussion highlights the urgency for families to address estate tax planning and the common procrastination that leads to missed financial opportunities.

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