Talking To Your Family About Transferring Generational Wealth | Fidelity Investments скачать в хорошем качестве

Talking To Your Family About Transferring Generational Wealth | Fidelity Investments

How and where do you want to live in retirement? What if you have a major health incident? And who will help you if you can’t manage your own finances as you age? These are hard questions, but the answers can impact generations of your family. That’s why Dr. Tim Habbershon, head of Fidelity’s Center for Family Engagement, says we need to stop avoiding the conversations and start talking about generational wealth and planning together. Tim joins Ally to share ways we can build the skills to have better conversations about everything from long-term care to passing down wealth to our heirs. Watch Money Unscripted now. 00:00 Talking about generational wealth: An intro 00:55 What is generational wealth? 02:15 Why is it so important for Baby Boomers and their heirs to have conversations about health and financial planning? 02:46 Why are families avoiding talking about generational wealth? 08:21 Who should initiate the conversation around generational wealth and who should be involved? 09:41 What is most important to younger generations when it comes to generational wealth transfer? 12:21 How can I prepare for conversations with my family about generational wealth planning? 15:46 What other skills can I develop to have hard family conversations? 21:41 When should I start talking about how I plan to transfer my wealth? 23:57 What can planning and talking about hard topics do for my family? 25:01 Talking about generational wealth transfer: A recap Questions? Drop them below 👇 and we’ll reply right in the comments. Fidelity Center for Family Engagement Family wealth conversations start here. We help families learn to talk about anything so they can have the conversations that matter. https://fcfe.fidelity.com/family/home • To see more videos, subscribe on YouTube:    / fidelityinvestments   • Follow Fidelity on Reddit:   / fidelityinvestments   • Follow Fidelity on Instagram:   / fidelityinvestments   • Follow Fidelity on TikTok:   / fidelityinvestments   • Follow Fidelity on Facebook:   / fidelityinvestments   • Follow Fidelity on LinkedIn:   / fidelity-investments   • Follow Fidelity on Discord:   / discord   • Ask Fidelity on X:   / fidelity   Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1218145.2.0 #Generationalwealth #estateplanning