Financial planning is an important step for couples and families, but often tasks get put on the back burner as life gets busy. These are the top 4 most important money and financial tasks that should be on every Mom and Dad’s to do list.
With proper planning, parents can avoid making unintended financial mistakes and hopefully reduce money-related stress. These tips aren’t just for new parents, either. As financial advisors, we frequently work to help new clients with busy lives, successful careers, and kids in grade school finish their estate planning and draft a will. If this sounds like you, please consider taking steps to work with a financial advisor and estate planning attorney right away – it really is that important for parents with dependent children.