Updated Friday, August 28, 2015 as of 3:14 PM ET

Intergenerational Planning: Get Clients Talking Now

NEW YORK -- Clients and their children need to start talking about how to prepare for long-term care during retirement and inheritance before problems and conflicts arise – and advisors can help start the conversation. That’s the message Bob Mauterstock, CFP, delivered at IMCA’s New York Consultants Conference here on Monday.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (1)
"Mauterstock told advisors of one client who made the inheritance performance-contingent. The client's assets were divided based on their children's W-2, with the higher earners receiving a greater portion of the inheritance."

What a horrible approach to division of family wealth!
Should a schoolteacher receive far less inheritance than her investment banker brother? Should a stay at home mom or dad receive far less than another sibling simply because he/she wants to raise their children in a caring environment? Really?

Inheritance based upon purely W-S income reveals much, about this particular clients values.
Posted by THOMAS S | Wednesday, February 12 2014 at 3:33PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here