Baby Boomers

Don’t blame your parents for your lack of financial education!

Don't blame your parents for your lack of financial education!

This post is about adult children.  Another post about dependent children is here: http://agenomics.ca/?p=450 There is increasing emphasis on financial education and financial literacy.  Main stream media and academic journals are adding their voice to the call for more financial education.  A similar theme weaves through each published piece.  The theme is:  my parents didn’t teach me enough about financial matters.  The […]

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5-Key Questions on Family Gifting & Intergenerational Transfers

5-Key Questions on Family Gifting & Intergenerational Transfers

Gifting sounds like a nice thing but it is filled with anxiety, pressure and unintended outcomes.  I cannot count the number of times that an individual has approached me about family gifting.   Increasingly, parents are being asked by their adult children for gifts.  Some of these requests are substantial in size with the potential to place the parents in financial jeopardy.  […]

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