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January 2020 Archives

Supporting Adult Children Before and After Your Estate Plan

As we enter 2020, it's certainly no secret at this point that adult Millennials and Generation Z have needed to rely on their parents for financial stability. According to this article from Consumer Reports, as many as 7 out of 10 parents give more money to their adult children than they do to their own savings or retirement plans. Although this article is largely concerned with the effect this pattern of gifting has on retirement and the younger generation's independence, we'd like to look at the way these gifts affect estate planning.

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Brady, McFarland & Lord, LLC
5400 Ward Road, Building 5-170
Arvada, CO 80002

Toll Free: 888-806-7304
Phone: 303-835-1811
Fax: 303-424-2599
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