Skip to main content

How to Discuss Estate Planning With Your Parents- By: Doug Goldstein, CFP®

By

How to Discuss Estate Planning With Your Parents

Doug Goldstein
Doug Goldstein

Estate planning is a critical part of financial planning. While many folks focus on retirement planning, it is equally important to spend time thinking about what happens to your assets when you no longer need them.
Today Doug shatters the taboo of talking about estate planning and details what you need to do in planning your estate. What documents do you need, and with which professionals should you consult?
For more about planning your estate, read Why Your Investments Must be Different From Your Parents’. (On my blog at www.ProfilePerspectives.com)
Family politics and the fear of losing your loved ones can make estate planning discussions difficult. Jack Tatar, author of Having the Talk: The Four Keys to Your Parents’ Safe Retirement, and What’s the Deal with The Talk Between Adult Children and Their Parents? discusses how to avoid future disputes over wills and inheritances.
Learn when is the best time to have “the talk” and get tips on how to raise these sensitive estate planning topics.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Audio Player
00:00
00:00
Podcast: Play in new window | Download
About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. Doug’s newest book, co-authored with Susan Polgar, about using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com
 
 

I

Comments

Post a Comment

Popular posts from this blog

Mona Farouk reveals scenes of "scandalous video"Egyptian actress Mona Farouk appeared on

By
Mona Farouk reveals scenes of "scandalous video"Egyptian actress Mona Farouk appeared on Monday in a video clip to discuss the details of the case she is currently facing. She recorded the first video and audio statements about the scandalous video that she brings together with Khaled Youssef.Farouk detonated several surprises, on the sidelines of her summons to the Egyptian prosecution, that Khalid Youssef was a friend of her father years ago, when she was a young age, and then collected a love relationship with him when she grew up, and married him in secret with the knowledge of her parents and her father and brother because his social status was not allowed to declare marriage .Muna Farouk revealed that the video was filmed in a drunken state. She and her colleague Shima al-Hajj said that on the same day the video was filmed, she was at odds with Shima, and Khaled Yusuf repaired them and then drank alcohol.She confirmed that Youssef was the one who filmed the clips whil...
Post a Comment
Read more »

الحلقة 20 هنادي المطلقة والمحلل (ماذا قال كتاب العرب في هنادي)-----------Khalid Babiker

By
• الجنس شعور فوضوي يتحكم في الذات والعقل . وله قوة ذاتية لا تتصالح إلا مع نفسها . هكذا قال أنصار المحلل الحلقة 20 هنادي المطلقة والمحلل (ماذا قال كتاب العرب في هنادي) أول طريق عبره الإنسان هو طريق الذكر . بعدها شهق وصرخ . تمرغ في الزيت المقدس . وجرب نشوة الأرغوس . عاجلا أم آجلا سيبحث عن هذا الطريق ( كالأسماك تعود إلى أرض ميلادها لتبيض وتموت ) . وسيعبره . سيعبره بحثا عن الديمومة . وسيشهق وسيضحك . لقد جاء إليه غريبا . سيظل بين جدرانه الدافئة غريبا . وحالما يدفع تلك الكائنات الحية الصغيرة المضطربة في الهاوية الملعونة سيخرج فقيرا مدحورا يشعر بخيانة ما ( ..... ) . لن ينسى الإنسان أبدا طريق الذكر الذي عبره في البدء . سيتذكره ليس بالذاكرة وإنما بالذكر . سيعود إليه بعد البلوغ أكثر شوقا وتولعا . ولن يدخل فيه بجميع بدنه كما فعل في تلك السنوات التي مضت وإنما سيدخل برأسه . بعد ذلك سيندفع غير مبال بالخطر والفضيحة والقانون والدين . الله هناك خلف الأشياء الصغيرة . خلف كل شهقة . كل صرخة مندفعا في الظلام كالثور في قاعة المسلخ . الله لا يوجد في الأشياء الكبيرة . في الشرانق . في المح . ينشق فمه . تن...
Post a Comment
Read more »

Trusting Liar (#5) Leave a reply

By
Trusting Liar (#5) Leave a reply Gertruida is the first to recover.  “Klasie… ?” “Ag drop the pretence, Gertruida. You all call me ‘Liar’ behind my back, so why stop now? Might as well be on the same page, yes?” Liar’s face is flushed with anger; the muscles in his thin neck prominently bulging. “That diamond belongs to me. Hand it over.” “What are you doing? Put away the gun…” “No! This…,” Liar sweeps his one hand towards the horizon, “…is my place.  Mine!   I earned it! And you…you have no right to be here!” “Listen, Liar, we’re not the enemy. Whoever is looking for you with the aeroplane and the chopper….well, it isn’t us. In fact, we were worried about you and that’s why we followed you. We’re here to help, man!” Vetfaan’s voice is pleading as he takes a step closer to the distraught man. “Now, put down the gun and let’s chat about all this.” Liar hesitates, taken aback after clearly being convinced that the group  had hostile intentions. “I…I’m ...
Post a Comment
Read more »