estate planning

Considerations for Passing an Inheritance to Your Children

For many people, building wealth means the opportunity to leave an inheritance to their heirs. If you’d like to leave something behind for your children or grandchildren, it’s important to understand that it will impact much of your financial planning. For example, you’ll likely need to increase your savings and explore which tax-advantaged retirement plans are right for your unique situation, as well as thoughtfully consider your future health care needs.

In order to ensure your desire to leave some of your wealth to your children matches your financial capabilities, we’ll review eight essential personal finance considerations.

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