We hope this newsletter finds you well. Happy Fall! Will your hard-earned wealth become a source of security or a recipe for conflict? Discussing your estate plan is one of the most beneficial discussions you can have. Communicating your desires to your friends and family helps ensure your wishes are heard and helps your family understand why you made the decisions you did. Ultimately, your loved ones can feel more at ease knowing what their responsibilities are and how they can best honor your legacy. Even with an airtight plan and open communication, inheriting an estate can be a big transition for your children. Unfortunately, even the best estate planning structures are sometimes not enough to protect assets from heirs who have not been prepared for their inheritance. As your children grow older, consider involving them in conversations with your trusted professional. Together, we can walk your children through the inheritance process and help create a financial strategy, so they are better equipped to steward the estate responsibly. They’ll appreciate knowing familiar faces are available to guide them through the process when the time comes. You’ve spent a lifetime building wealth and you want to rest easy knowing that it will be managed well for generations to come. Whether you’ve already reached out to family members about the future of your wealth or you’ve only begun to consider it, let’s schedule some time to discuss this matter. If you are a client and need to schedule your next quarterly review, click here to do so. If you are not an Abich Financial client and would like a complimentary Where Do I Stand Plan review of your entire retirement plan, click here to schedule a time to speak with our team.

To your children’s future, Abe Abich & the Abich Financial Team