If my adult children are college
educated, do I need to talk to
them about family finances?

Jim was motivated to discuss this myth because it can be heartbreaking to see situations when the parents pass away and fights over the will resulted in their children not speaking to each other again. Estate planning is a crucial conversation parents need to have with their adult children. However, some parents believe that if their kids are smarter than they were, then they don’t need to talk to them about money. The truth is it’s always important to communicate with your family about finances. Join us for today’s episode and find out how to bust this myth wide open and engage in important conversations about money and estate planning with family members. 

Jim Silbernagel is an independent agent registered with Woodbury Financial Services, Inc. and the creator and host of Real Wealth®, an online radio program for insurance and financial professionals. He entered the insurance and financial business over three decades ago and has a CFP and LUTCF, as well as various security licenses. Jim leads Power Session LIVE, a monthly best practice and sales ideas session with top industry leaders. 

Show Notes:

• Learn more about Jim Silbernagel or reach out to him at 262.626.2590 or by email at jsilbernagel@sgadvisor.net.