Check out this stunning article about blown inheritances:
Family’s Fall from Affluence is Swift and Hard
You might expect a story about blown inheritances to exclusively belong to the twenty-something crowd, but in a recent article from The New York Times we see that it can happen to anyone, no matter their age. Quick money can disappear just as quickly as it appears!
Are your loved ones ready to inherit from you? What would they do with the money? Would they have any left after just a few years? What if there was a way to help them handle your hard-earned money after you’re gone?
An effective estate plan does more than just transfer the money. A good estate plan also sets your family up for success and helps them be prepared for whatever may come their way.
Take a quiz here on our website to see if your family is ready. And even if you think they’re ready, you may want to reconsider after reading this article again!