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Splitting transition with non-farming kids

Reference: FCC

When transitioning families are contending with both farming and non-farming children, some financial advisers say smaller financial gifts given earlier in life can alleviate some concerns.

The concept has been called transformational wealth, and it’s designed to support non‑farming children in a way that makes sense for them.

Smaller amounts with a larger impact
“It’s trying to not stress over the mathematical distribution of wealth, but rather how children define success for themselves and how parents can contribute,” says Annessa Good, an Alberta-based transition specialist with FCC..Read More