Managing Trust Fund Kids...Kids Laughing

By: Harris Financial Advisors | On: September 12, 2018 | Category: Financial Planning |

Helping Your Trust Fund Kids Become Financially Savvy

Concern about passing on a legacy is universal, and a trust fund can be a useful tool in helping you transfer your wealth in the manner and spirit you desire. Many parents worry about leaving too much or too little for loved ones, and they’re not alone. There are countless stories of fortunes made by one generation being wiped out by the next for one reason or another. However, you can avoid common pitfalls with the right resources and planning. Here are some things to keep in mind as you consider creating a trust and helping your children become financially savvy.