EP. 43: Helping Adult Children Prepare To Inherit Wealth

Liz Whitteberry |

In this episode, we’re covering an important aspect of financial planning: preparing your heirs to inherit your wealth. Even if your children have developed solid financial habits, they might not be fully prepared for their role in your legacy plan. 

Let’s face it – discussing your legacy can feel daunting. But starting to have these conversations sooner rather than later can equip your children to become responsible stewards of their future wealth. Estate planning, open communication, and working with a trusted advisor can make all the difference along the way. 

Tune in as Liz shares some insightful tips for navigating tricky conversations about money and legacy.

Here’s some of what we discuss in today’s show:

  • Reviewing your estate plan and preparing your children for what to expect
  • How inheritance might impact different personalities + working with an advisor when making decisions
  • Setting realistic expectations for your children when it comes to inheritance
  • Clarifying your intentions before passing on wealth + communicating your values