LEAD WITH INTENTIONS, NOT INHERITANCE
Transparency doesn’t mean handing over the portfolio. What your kids need is clarity about your “why,” not your “how much.”
EXAMPLE:
“Our priority is to be financially independent. If there’s anything left, we’ll pass it on but we’re not planning around that.”
This kind of honesty reduces stress, sets expectations, and keeps the focus on values not assumptions.
THE HARD QUESTION:
Do your kids understand your financial philosophy even if they don’t know your net worth?
THE FAMILY FINANCIAL TALK | 3
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