How Should You Discuss Trusts, Inheritances, and Stipulations with Children and Grandchildren?

Q. I will be leaving my eight grandchildren money in trusts and have certain stipulations and incentives I decided to include. I’d like to talk to them and their parents about it, but I am not sure how to broach the topic and have … [Read more...]

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No Matter How Old He Is— He’s My Son and I’ll Take Care of Him!

Q. I read about a situation where a 98-year-old mom named Ada Keating moved into a senior home to help care for her 80-year-old son, Tom. As a single mom with a son, I could understand wanting to ensure your child is well cared … [Read more...]

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Critter Corner: Should We Leave Our Money to Our Children Outright?

Dear Magic,My wife and I are planning to do our estate planning soon. We want to leave our money, property and valuables to our children. They are teenagers now. What’s the best way to do so? Should we leave our money to our … [Read more...]

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Do Middle Class People Set Up Trust Funds?

Q. My mother is considering setting up trust funds for her grandchildren, hoping to give them a solid head start on adulthood when the time comes. She would like to provide them with guaranteed financial security later in life and … [Read more...]

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Shocking New Study: Alzheimer’s Found in Children and Linked to Air Pollution

Amy took her daughter, Madison, to visit her grandmother in the memory care unit of the nursing home. Madison's grandmother's Alzheimer's had progressed a lot since they last saw her. Madison was perplexed by the changes in … [Read more...]

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Critter Corner: Explaining Death and Dying to Grandchildren 

Dear Bebe,My mother has a terminal illness and won't be around much longer. I have yet to tell my children, because I don't know the best way to explain it. Do you have any recommendations on how to tell children that their … [Read more...]

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Virginia 529 Prepaid Education Plan Limited Time Open Enrollment: Plan Ahead for Your Child or Grandchild

We all dream of the day when our child or grandchild is accepted to college. From the time he or she is diapers, we begin planning for great things. We drive them to soccer, gymnastics, and music lessons in hopes that they are … [Read more...]

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