Tag: inheritance planning
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Can a Couple Semi-Retire in Their Mid-50s and Fund Early Inheritances for Their Kids?
Can you semi-retire in your mid-50s and give each child a substantial early inheritance? Short answer: potentially, but it hinges on careful planning, disciplined saving, smart investing, and a clear understanding of tax implications. For a couple like Mark and Margaret—who emigrated to Canada twenty years ago with modest means—the dream of semi-retirement and an…
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Few heirs keep their parents’ wealth advisors, Cerulli study finds
Most heirs likely to retain some form of wealth guidance As the wealth transfer wave looms, a Cerulli Associates study reveals a nuanced picture: while more than $120 trillion is expected to pass from current owners to the next generation over the next 25 years, only a minority plan to keep their benefactors’ wealth advisors.…