Worried your kids will blow through your money? Here are five ways to protect your assets.   Over the next several decades, it’s estimated that Baby Boomers will pass down $30 trillion in assets to future generations. If you shudder to think what your beloved kids may do with the money you worked so hard to build, you’re not alone. Research shows that inheritances dwindle significantly in the first few years of someone receiving one, with...

Understand the pros and cons of giving part of your estate to your kids sooner, rather than later. Some parents like the idea of giving a gift of money to their children during their lifetime – to allow them to have cash when they really need it, whether to pay for a wedding, fund their education, or purchase a home. If you go this route, make sure you are comfortable with the amount you are giving, and know that once you make the gift, you...