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- Teaching kids financial values is crucial for their future wealth management.
- Balancing supporting loved ones financially with personal financial stability is a common challenge for many individuals.
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The Complexity of Passing Wealth to Future Generations
Transferring wealth to the next generation presents a significant challenge for individuals, with the millennial generation in line to inherit massive sums. There is no established playbook or guidelines for effectively passing on money. Balancing providing for children financially while ensuring they understand the value of money remains a dilemma for many parents.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode