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"We try to help all our kids when we can, yet push for self-sufficiency."
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Topic: PoliticsTo my various Republican and conservative friends, it's time to talk about Donald Trump. In particular it's time for hard thinking on whether, for the sake of the GOP and conservatism, it's past time to cut him loose. Not for any of the arguments made by your leftie friends, but because it's the right thing for you. It's also time to leave the sinking ship.
To quote Lindsay Graham, back when he spoke his true mind about it, "If Donald Trump carries the banner of my party. I think it taints conservatism for generations to come." Graham isn't the only one who has said this or used to say this. An astonishing fraction of conservatives who worked in the Trump White House have said worse, even published books about it. You can discount a few as sour grapes, but there's far too many of them. Even Mike Pence, John Bolton, Mark Esper and his Chief of Staff John Kelly. Dick Cheney has called him the "greatest threat to our republic." And of course, what J.D. Vance said about Trump before he decided Trump could be his path to power. There's been nothing like this before, which should wake people up.
Look at this list and note it was made after Trump took near-total control of the party. (Bush has sworn to be apolitical but nobody doubts his feelings.) Not just them but multiple close relatives, Mark Burnett (who made Trump, as producer of the Apprentice) and Tony Schwartz, the ghostwriter of "The Art of the Deal." Of all past nominees a
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It's no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one.
SEE MORE How Much of Your Estate Will Be Lost to Taxes?
I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it's not the first step. Instead, I try to determine each person's starting point with money. Many people fall into one of three categories:
They are anticipating how they will handle their wealth, but the money hasn't yet arrived.They have their inheritance — often several million dollars — but they are still grieving the loss of a loved one and are looking for guidance on next steps.
The inheritance has been in their bank account for a long period, but they still lack direction and can't make any decisions.
It is important to listen to each person's personal story with a windfall of money. Losing an important person in your life is difficult, and reflecting on the impact that person made is just as important. Many people express a desire to do something to honor a parent's wishes.
Figuring out how to make the best use of an inheritance
Here is how I generally approach these conversations to help a person make the best use of their inheritance:
Define their relat
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