It’s Never Too Late for a Family Meeting – Here’s How to Do Them Well
Jane and John, who are parents to four adult children, have amassed substantial wealth during their careers. To experience the joy of seeing their children enjoy some of this wealth – and to take advantage of the current high federal estate tax exemption amounts – which could potentially be reduced – they would like to give away some of it during their lifetime. However, they are concerned that their children and spouses might not be ready to handle the responsibilities of receiving large monetary gifts that could change their lives.
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