Multi-Generational Financial Planning (Part 3)

Ditch the Suits - Start Getting More From Your Money & Life

Show Intro (00:27)

How to get started gifting money to your kids (1:34)

• Making this process as open or private as it needs to be, controlling the pace of taxes, and getting money out of your estate
• Building in layers of privacy and setting up your children for success

Working with a financial planner (10:37)

• Creating a long-term plan and ensuring your financial planner connects and communicates well with your children.
• Recognizing the financial industry’s conflict with multi-generational planning

Making this process easy (17:16)

• Recognizing who you are dealing with – the difference between fee-only planners, fee-based advisors, and brokers
• Coordinating your efforts, taking your time, and making this process fun (no lecturing or judging your kids)
• Allowing your kids to make decisions and learning to partner with them

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Looking for additional content that can help you get the most from your life? Check out Unleashing Leadership with Travis Maus, premium bonus content from Ditch the Suits Fans, at https://unleashingleadership.buzzsprout.com/
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Ditch the Suits is produced by NQR Media. NQR also produces the One Big Thing Podcast with Steve Campbell.
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