Recently I’ve talked about the tension that comes with great wealth transfer. Here is more information on that subject. Financial planner Anthony Williams describes a study by Investment News suggesting 66 percent of children will ultimately fire their parents’ financial adviser once they receive their inheritance. These children are called fleeing heirs.

Last month, we talked about the tension that comes with great wealth transfer. Here is more information on that subject. Financial planner Anthony Williams describes a study by Investment News suggesting 66 percent of children will ultimately fire their parents’ financial adviser once they receive their inheritance. These children are called fleeing heirs.

I was sitting in a sea of financial planners, beside the Atlantic Ocean in Halifax Harbor, while Anthony Williams delivered his thoughts regarding the huge amount of wealth transferring going on these days.

I was sitting in a sea of financial planners, beside the Atlantic Ocean in Halifax Harbour, while Anthony Williams delivered his thoughts regarding the huge amount of wealth transferring in our great country. Williams graciously gave me his notes to translate what this huge transfer may mean to farm families.

All too often it seems spouses may pay more attention to crop production than they do to their marriage partnerships, and the cracks can really show.

It was great delight to hear Meir Statman speak to at the Canadian Institute of Financial Planners 2018 national conference in Halifax, Nova Scotia. He talked about normal financial behaviours and why culture matters in how we transition our money to the next generation.

Today, I encountered three acquaintances who are all dealing with different kinds of loss. One is a husband whose wife is suffering from a stroke. One is a woman whose nephew is suffering from a mental illness.

Minnesota farmer Paul Zimmerman extended a firm handshake and greeting on behalf of his daughter to David Kohl, a Virginia Tech professor emeritus. Zimmerman’s daughter is a likely successor to their farm.