Philip's New Column on Kiplinger 4/1/2019: Is Your Beneficiary Ready to Receive Money?
By PHILIP J. RUCE, J.D., LL.M., Estate Planning Attorney
Losing a loved one is an emotional experience. It’s not something we like to think about, but there are many things we can do to prepare for our family members’ care. One way to make sure the next generation is cared for is to leave a financial legacy. Consider, however, that not everyone will be mentally or emotionally prepared for the money you wish to leave them.