Episode 7: Wealth Concentration to Weekend Plans: Retirement Prep and Financial Literacy for Heirs

June 2nd, 2025  |  28 mins 15 secs

concentration risk, family business, financial literacy, gifting strategies, incentive trusts, over-contribution correction, retirement transition

Holding most of your wealth in a family business? We cover how to reduce concentration risk when wealth is tied to a family business, how to prepare for the emotional and financial transition into retirement, and how to structure gifts to children with financial literacy in mind. Plus, a bonus question on managing over-contributions after a large bonus payout.