Tag: Giving
May 25, 2026
“But we can’t cut back our giving; they depend on us.” A couple who were my clients some years ago retired just as the dot-com crash had eroded their savings. Yet they wanted to continue the generous donations they had been giving to their church and several...
Mar 30, 2026
A common issue I see with financial planning clients is whether and how to provide financial help to adult children. Should they pay for college? Cover the down payment on a home? Help out with expenses for the grandkids? Take care of debt or bail out financial...
Feb 3, 2025
Sorry, any children of Boomers who may be hoping for a big inheritance someday. We’re spending your legacy. This is the finding of a recent Schwab survey of more than 1,000 high net worth Americans that highlighted a generational divide in intentions for passing on...
Dec 25, 2023
One of my clients, whose immediate family includes 30 people, has described himself as a Grinch when it comes to Christmas gift-giving. “Every year I swear I’m going to shop early, and every year I procrastinate. I never know what to get for people, and it seems...
Nov 6, 2023
Being left solely responsible for wealth through divorce or widowhood later in life comes with its own set of responsibilities, opportunities, and challenges. As with so many financial life events, it is often the emotional challenges that are the hardest. 1....
