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Podcast: Money Matters by Allworth Financial
Episode: Managing Millions: Helping Your Kids Financially and Using Charitable Trusts to Boost Retirement
Description: On this week’s Money Matters, Scott and Pat take a call from a listener sitting on a $9 million nest egg—$4.5 million in a taxable account, $3 million in Roth, and $1.6 million in a traditional IRA. He doesn’t need more growth, he’s not worried about his own retirement, and now he’s asking: Should we start helping the kids financially now, or wait? The twist? His kids don’t want the money—and he doesn’t want to mess up their independence. It’s a real-world conversation about smart gifting, capital gains strategy, and how to share your wealth without reg...