If you welcomed a child in 2025, a new tax election may allow you to secure a $1,000 federal seed contribution in your child’s name through the newly introduced Trump Account pilot program. While the incentive is appealing, the structure, tax treatment, and long-term implications deserve careful consideration. Here’s what parents need to know before making the election.
Retirement plans usually require that minimum distributions be taken each year after a certain age. This includes Inherited IRAs, but these laws keep changing. Now, the IRS has again delayed a decision around this timeline. Here’s what you need to know if you are the beneficiary of an Inherited IRA.
Homeownership is part of the American Dream. As prices increase, many young people seek help from their parents. Here are four ways you can help your child buy a home.
Whether to give kids an allowance is a hot topic among parents. Read what the experts say about when to give an allowance, how much to give, and how they should earn it.
Have you discussed inheritance with your heirs? Here’s why you should and some tips for doing it.
Baby boomers expect to transfer $30 trillion to their heirs over the next several decades. Read these tips to ensure you manage your inheritance properly.
Family conversations around wealth can be uncomfortable. But leaving a legacy is about more than just a gift of money. Learn how a family wealth planning meeting can help with wealth transfer and what to share when you have one.
Read about the two new classes that EKS is offering this fall at the Princeton Adult School.
We invest time in our families trying to ensure that our heirs live healthy, prosperous, and loving lives, long after we’re gone. But death can bring out the worst in people. Here’s how to ensure your money and legacy do not leave your family in turmoil.
Will you leave your assets to your heirs? Do you worry if an inheritance will impact them negatively? This article discusses how to determine how much to leave loved ones, and if that money should come with strings attached.
There aren’t many shortcuts to becoming wealthy. Regardless of its source, saving and investing properly are still the keys to its longevity. Learn some strategies that create middle-class millionaires.
Living a good life involves many things, including having a satisfying career, strong family ties, good friends, and hobbies you enjoy. Leaving a legacy may be part of what you desire; and charitable giving is a way for us to show future generations the importance of improving the world around us. Learn the importance of having a charitable giving strategy you can communicate to heirs.