Transitions of Life and Death

Key Takeaways

  • Big life transitions are filled with emotion—and often important money issues.
  • You can’t control most of what life throws at you—but you can prepare yourself financially to handle the big joys and upsets.
  • Reducing money worries can greatly alleviate the stress of major life transitions.

The Great Millennial Recession

Key Takeaways

  • Young adults born between 1980 and 1996 are the most financially cautious generation since those who came of age during the Great Depression.
  • Millennials came of age during the tech bust and global financial crisis. They don’t trust the stock market or banking system and are fearful of losing jobs, homes and savings.
  • Millennials are smart enough not to count on pensions or Social Security, but they tend to keep too much of their assets in cash and are not saving enough for retirement.

Technology Transitions


Key Takeaways

  • Technology has brought tremendous change and convenience to our lives, but it can also be overwhelming and potentially dangerous when misused.
  • Financial advisors can use technology to simplify your financial statements, trust documents and personal financial road map.
  • You’re probably not using many of the great features of your smartphone, tablet or personal computer. Our October 9 Technology Open House can help.

Gifting to Your Grandchildren


Key Takeaways

  • Saving for college is one of the first things that come to mind for joyful new grandparents these days.
  • UTMAs, 529 plans and irrevocable gift trusts can be excellent, tax-advantaged ways to fund a child’s or grandchild’s education.
  • Remember, some trusts and gifts automatically transfer to the child at age 21. You may not be able to control what he or she does with all the money that’s accumulated. Consult your advisor.