Many children today are raised in a wealthy environment, given pretty much whatever they want. Thus, parents are left with lingering questions such as:
Am I setting my kids up for failure by providing a lifestyle they will expect to maintain, knowing that their earning power won't duplicate that lifestyle for 10-20 years?
Will my children develop qualities of humility and gratitude for all that they have? Or will they feel entitled to always have whatever they want?
How will my children develop a strong work ethic? Will they use their talents productively and effectively?
How am I helping my children develop qualities such as self-motivation, perseverance and self-discipline?
Will my children help others less fortunate than themselves?
We think it's imperative for parents to think through:
What will I provide and not provide for my children?
How do I plan to train my children in handling money matters?
How will I tranfer values such as a work ethic when my children didn't need to work?
To help parents (and grandparents) answer these questions, we have provided a Children's Empowerment Program Worksheet.
Sample Financial Advisory AgreementDisclosure Information
Securities offered through Financial Telesis, Inc.
A registered broker/dealer. Member FINRA (Financial Industry Regulation Authority) & SIPC.
Investment advice offered through Foord Van Bruggen Ebersole & Pajak Financial Services
A registered investment advisor.