Multigenerational Family
Estate Planning
It's A Family Matter
Multigenerational estate planning is setting an example for your loved
ones. Today families are realizing the need of taking responsibility of
their family's legal and financial security. We can no longer wait until
retirement years to start thinking and planning. Many people are waking
up to grim realities when they find in their elder years that the family
may not be able to just step in to care for them. Our culture and society
is not like the days of The Waltons and Father Knows Best. It's even
riskier to cruise through life leaving to chance like the wind that government
programs will be around to assist seniors.
Talking about and safeguard planning on how a family can work together
to care for each other should a sudden illness strike a family member young
or old is certainly a good thing to do. Planning on how to care for aging
parents as well, certainly goes a long way in estate planning and asset
protection.
Estate planning involves strategies to assure that your assets won't
be lost to many exposures such as divorce, long term care, law suits, the
IRS, Medicaid, nursing homes, courts, legal fees, bankruptcy or other unexpected
surprises of today's legalistic culture. Our children and grandchildren
can either be the beneficiaries or victims to the extent that we
plan to take responsibility today and plan to pass on to younger generations
a legacy of responsibility with the rewards from proper financial and estate
planning.
Children learn what they see and experience. To take responsibility
and plan today for your financial liberty, quality of life and freedom
can make the difference of a government dependent generation tomorrow or
a culture of responsible citizens that appreciate and take responsibility
for their own financial freedom and lifestyle liberties for tomorrow.
We reap what we sow.
Only with proper multigernerational asset protection planning can a
family's assets be assured to make it to the next generation without partial
or total loss. You can determine the fate of your future generations.
Your assets will either end up in the hands of your children, grandchildren,
loved ones and charities that you choose or to the government in taxes
for programs that you don't choose and that may not support your beliefs.
We all have a choice.
Not do decide and not to plan is also a choice.
There is A Better Choice!
Do you have a protection plan?
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©2000 Stephen J. Kaufmann. All rights reserved.
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