As people live longer a new trend in inheritance is evolving: fast-tracking inheritances. In fact, 60 percent of people age 50 and older, in a Merrill Lynch study , said they would prefer to give sooner rather than later – so that they can help and see their children pursue their dreams. Here are a few things you should consider ...
Sharing the values that shaped your success with your family helps ensure they appreciate your hard work and understand how much it means to you, and can have an impact on future generations. Consider implementing an ethical will ...
Talking about how you will pay for your future health needs is just one of several critical conversations related to health and wealth that family members should be having.
Trusts can be an efficient way to provide the next generation with a financial legacy — but that’s not all. Here, Merrill Lynch Wealth Management explores some of the lesser-known benefits of trusts.