Kiplinger

Leave Behind More than Your Money: Communication Is Key to a Successful Legacy

Estate planning often seems to get the lowest priority when people make retirement plans -- if it makes the priority list at all. Even some of the most loving and proactive parents avoid working out strategies for the smooth transfer of wealth to their family members.

It makes sense. No one likes to think about their own death, and the decisions that must be made can seem daunting. Unfortunately, for those who delay, there may be ramifications -- at least for their loved ones.

Procrastination almost always has consequences. If you put off doing your laundry,

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger5 min read
12 Things Every College Student Needs From Costco
A warehouse club stocks just about everything, often in bulk and often at bargain prices, making it a great one-stop destination for back-to-school shopping for college students with lots of needs but not a lot of money. Costco is my go-to store sinc
Kiplinger5 min readPolitics
Why I Hate Monte Carlo Analysis and Other Financial Projections
I'm not a fan of financial plans that use straight-line projections or Monte Carlo risk analysis to support investment proposals. Here's why: They can lull people into a false sense of security or lead them to believe that the stock market is the ans
Kiplinger37 min read
Florida's 50 Largest Cities and Towns Ranked for Local Taxes
A lot of people, especially retirees, are moving to Florida for the sun, sand, affordable housing...and the lack of an income tax. But don't think for a second that no state income tax means no taxes at all. There are plenty of other taxes to be paid