In today’s fast-paced world, it’s easy to put off important conversations with your family, especially when they concern money. However, family meetings are crucial to managing household finances, setting short- and long-term financial goals, and developing estate plans for future wealth transfer.
Gathering your family to discuss these topics can help alleviate worries about “what if” scenarios as well as:
- Setting expectations for the future care of aging family members.
- Reviewing details and specifics of your estate plan.
- Discussing plans for transferring wealth to the next generation.
While certain topics might feel uncomfortable, family meetings are essential for maintaining the financial plan and continuing the family legacy.
Consistent and recurring reviews help keep everyone abreast of the current financial situation.
We’re here to help you organize your family meeting and participate in the discussion to help guide the topics to review. Reach out to us at info@ewmginc.com to discuss establishing your family meeting.
Our website also has a variety of Legacy Topics that can be found on this link: ESTATE PLANNING
As always, if you have any life changes or updates (i.e., new job, promotion, marriage, new baby, new grandchild, etc.) that may affect your current insurance and investing strategy, please contact us at 215-579-5601.
Stacy Brilliant, Chief Operating Officer
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