Several years ago, a new theme emerged in the financial planning industry. Clients were beginning to truly worry about their children's financial futures. Increasingly, the demand to find ways to assist their kids now, rather than waiting to leave them money and assets in their wills, is on the rise. The parents in their 50s and 60s want to be here to watch and enjoy seeing the ways their children will benefit from their generosity. If you find yourself thinking along these lines, you are not alone. Below are some smart planning ideas you can employ to make financial gifts to your adult children and a little cautionary advice... A great gifting plan involves many moving parts: … [Read more...]