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December 26, 2017 – 12:52 pm | No Comment

This Week 7’s (12.14 – 12.31) Affirmation: Mindfulness – I will reach for mindfulness each day.
Date – 12.26.17
B-Book 44: Do the Work by Steven Pressfield
The key message in this book: Often we stop dead in our tracks …

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Home » Money Matters

Using an Inheritance to Teach Your Problem Child a Lesson

Submitted by on September 8, 2011 – 4:49 pm No Comment

PARENTS want to raise their children to be independent and successful and to use whatever resources they have to give their offspring a leg up in life.

But it’s sometimes difficult for parents to find the right balance between making financial and professional resources available and encouraging their children to grow into independent adults. I have written a lot over the years about the counsel that parents seek to help them do this. A whole industry now exists around “next generation” advice and about how to “launch” children into adulthood.

And let’s be honest: if affluent parents were not anxious that their children could end up as alcoholics, say, or plagued by bad decision-making, this industry would not exist.

Click source link below to read the full article…

Source: New York Times

My Comments:
Great article about passing wealth on to your kids…a good read.

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