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EP 43: Are Your Children Inheriting a Burden or a Blessing?

Apr 1, 2025

Will you be leaving your children a burden or a blessing? When planning for the future, the primary focus is typically on growing wealth, but few take the necessary steps to ensure their estate is passed on to the next generation efficiently. Because of this, many families leave their children a massive burden of paperwork and sleuthing to identify assets and clean up their estate. Not the ideal scenario when you are already grieving the loss of a loved one. Leaving your family a well-structured estate is one of the greatest gifts you can provide. In a world where so many families are left with financial disorder, you can leave your family with a blessing. If you are interested in learning more about how to prepare your finances for the next generation, we think you'll enjoy this month’s episode. Thanks for listening! For more details we recommend that you check out our blog post covering the same topic at https://pw-wm.com/learn/estate-planning/are-your-children-inheriting-a-burden-or-a-blessing/.

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About The Podcast Hosts

Steve & Nathan

Steve and Nathan have a passion for teaching others about finances and how to build the financial independence that is achievable with the proper planning. In their roles at Prairiewood Wealth Management, both Nathan and Steve focus on providing comprehensive financial advice to ensure their clients have a coordinated plan that covers all aspects of their finances including their investments, insurance, estate plan, and charitable giving goals.

As Certified Public Accountants (CPAs), both Nathan and Steve believe that one of the most overlooked aspects of financial advice is the tax impacts that result. Accordingly, a core focus of the advice they give centers on integrating tax strategy into the overall financial advising process.

Steve and Nathan are excited to share their knowledge through this podcast as well as their blog with the goal of helping you effectively manage your family’s wealth and ensure you have a comprehensive and coordinated plan for your future.

About Steve & Nathan