Passing down an inheritance can be a life-changing event and navigating the transfer of a significant
amount of money and assets can pose certain challenges. Historically, inheritances don’t last. This is so
common, it is described as “shirtsleeves to shirtsleeves in three generations.” There is an oft-quoted
statistic that 70% of wealthy families lose their wealth by the second generation and 90% lose it by the
third. At the end of the day, transparency and communication is key when face-to-face with this transfer of responsibility. […]

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At what age should you start discussing inheritance with your children? Estate planning and inheritance, while complex topics, should be an ongoing discussion with your family. Even in their late teens, twenties, and thirties, children can benefit from understanding the emotionally and financially complex world of financial planning regarding the structure, details, and management of […]

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Stocks had another strong year in 2025 as most market benchmarks enjoyed their third straight year of double-digit returns. Last year’s performance was particularly rewarding given how much stocks overcame — notably tariffs. Tariffs weren’t the only obstacle, as market concentration, high valuations, deficit spending, and inflation occupied spots on investors’ lists of worries. Reflecting […]

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Maintaining generational wealth involves intentional financial planning, with parents or grandparents passing their wealth to loved ones after they die. But entrusting family members with receiving an inheritance is more than just passing over bank statements or sending a check in the mail. It is about understanding how to steward the hard-earned wealth that you […]

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Stock investors were rewarded for staying the course in November as broad stock market averages recovered from a mid-month dip to end near record highs. The comeback extended the S&P 500 Index’s streak of monthly gains to seven – something to be thankful for alongside the arrival of the holiday season. Increasing confidence in Federal […]

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When giving gifts to our children or grandchildren, we often default to the latest toys or gadgets. However, the value of these items tends to diminish over time in terms of both interest to the child and monetary value. A different approach to gifting can focus on investing in a child’s future. This perspective offers […]

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The last week of October delivered a flurry of impactful headlines across earnings, monetary policy, and geopolitics — each shaping the investment landscape as we head into year-end. Here are some key takeaways: These significant developments were generally well received by financial markets — enough to clinch the sixth straight positive month for the S&P […]

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As we age, planning for the future becomes increasingly important. This is especially true when it comes to long-term care. For married couples, this planning is not just about individual needs but is also about ensuring that both partners are cared for—in sickness and in health. October is Long-Term Care Planning Month, which makes it […]

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The October 1 deadline has passed, and the U.S. government has shut down. While political gridlock is never ideal, history suggests that shutdowns tend to be short-lived and have minimal sustained impact on the economy or the stock market. They are largely about political posturing and therefore don’t take long to get resolved. Simply put, […]

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Those who receive an inheritance with the passing of a loved one are potentially given the gift of financial freedom if they choose to manage the wealth carefully. Did you know that only about one-third of adults have a prepared will, and about 40% with investable assets of $1 million or more never discuss their […]

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