Ryan Kittridge Discusses Inheritance Planning and Family Dynamics on ClearPath Financial Partners Podcast
On this edition of the ClearPath Financial Partners podcast, President Ryan Kittridge, talks about inheritance and how you handle that. From both the parents and loved ones perspective. Including who in the family is given the task of making sure wishes are properly carried out. Ryan says in these cases a little preplanning can go a long way. Things can come up unexpectedly so the longer runway you can yourself to make these decisions the better. Ryan talks about investing that inheritance while dealing with the stress and heartache that can go with it. The pressure on a trustee can be immense so having a good team to help and support is a must. Parents want to do the planning needed to leave their family the most they can out of their estate. Loved ones want to make sure wishes are carried out when it comes to the family home, stocks and more. Ryan also says it can be OK to give yourself permission to use some of that inheritance on something that you will really enjoy, while at the same time not ending up regretting decisions later on down the road.