Many people who have accumulated wealth want to keep the money in the family. However, discussing that wealth can make for an awkward conversation. Some people see conversations about money, even with loved ones, as taboo, while others don't want their children or grandchildren to lose their motivation or work ethic if they know they have a significant inheritance coming.
Reaching certain milestones in life gives you a unique perspective on and clarity about the future. Perhaps as it is as you prepare to you walk down the aisle or as you prepare to welcome your first child into the world. These moments often make you stop to take the essential step of writing an estate plan to create concrete plans for the future.