#63 - Why We Don't Leave Money to Charities
The Financial Therapy Podcast - It's Not Just About The Money
English - July 12, 2022 09:00 - 26 minutes - 18.4 MBArts financial therapy financial coaching life planning ifs therapy financial psychology money issues money scripts Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Among people that have accumulated enough of a nest egg to pass on, my experience is there is little thought given to whom they will bequest the money. It’s generally a forgone conclusion any inheritance will go to their children or grandchildren. The societal money script around leaving an estate in the U.S. is “Good parents leave all their money to their kids,” and “the more money I can leave my kids the better off they will be.” It’s not surprising then there is usually no thought or discussion on how to pass on an inheritance in a manner that doesn’t harm the kids and rarely, if ever, is there any discussion on leaving money philanthropically.
A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.