family

clappstar / Flickr.com https://bit.ly/2UpDxl5

Melinda and I met with Bob in a coffee shop in Dallas.

He was a high-powered corporate consultant and an older friend of mine arranged for us to get a half day with him.

We were in our mid 30s with four kids, all under the age of seven. I was early in my career and Melinda was a stay at home mom, changing endless diapers and figuring out creative ways to answer the endless “whys” of a pack of toddlers.

Successful Succession

Apr 8, 2019
kingson tang / Flickr.com https://bit.ly/2U6xQDs

One of the big rules in life and law is that you can’t take it with you. The dearly departed may go to their reward, but all that stuff they amassed while they were here – they leave that all behind. And someone has to own it.

That’s the big idea behind the legal concept known as “succession.”

Any time I address financial issues with a legal component I have to remind listeners that I am not a lawyer, nor do I render legal advice. So please discuss any legal matters with an attorney.

Kat Grigg / Flickr.com https://tinyurl.com/yag6cofe

I talk to a lot of parents who want to actually see their adult children enjoy the wealth they will one day pass on to them.

 

But these same parents don’t want to give themselves broke so that those same children will one day have to take care of them financially. And they also don’t want to create dependency of their adult children on financial gifts they might give them.

The secret to finding balance is having a plan.

Stressful Succession

Oct 17, 2018
David Clow / Flickr.com https://www.flickr.com/photos/davidclow/2344231998/

Nothing seems more American than the successful family business.

But if you’re a family business owner in the real world, you know it can be quite stressful.

 

Sometimes it seems as if you’re being forced to choose between your family and your business? A broken heart or a broken business? Some choice!

As a family business owner, you know you’re trying to wear two hats – soft hearted parent and hard-nosed business owner. These two sides of you may find themselves in sharp disagreement from time to time. It can be very stressful.

Intra-family Loans

Oct 10, 2018
GotCredit / Flickr.com https://tinyurl.com/yd96kymk

Banks and other financial institutions play a wonderful, indispensable role in our economy. They are the intermediaries that most efficiently bring together large numbers of savers looking for a safe place to store their money and borrowers, looking for money to spend they do not presently have.

Our economy couldn’t do without banks.

But that doesn’t mean you’ve got to use them every time for every transaction. There are a few occasions where getting rid of the middle man makes sense.

 

Krewe Of Confetti Kids: Mardi Gras Fun For Children, Too

Jan 29, 2018
Caitlin Regan / Flickr.com / https://creativecommons.org/licenses/by/2.0/

Mardi Gras is generally a family-friendly holiday and not just the often seen adults-only, drunken celebration.

Children can be seen lining the parade routes, families spend weeks making costumes together and there's even kid-centered parades.

Ariana Maria Ybarra, a married mother with two young girls, says her family has spent recent weeks preparing for Chewbacchus, the Star Wars-themed walking parade in the city's Marigny neighborhood slated for Feb. 3.

Johannes Jander / Flickr.com http://tinyurl.com/lr3hdpl

So you want to start a family soon.

Both of you work now, but you’re considering the possibility of Mom being able to stay home once the family starts. Interestingly enough, the research is showing that more and more Millennials are making this choice - even more so than their parents did.

Even if this isn’t the choice all of your friends are making, let’s say this is what YOU really want to do. Can you do it?

Answer: Well one thing’s for sure – you can’t … and be like your friends.

Louisiana Purchase Zoo's Easter Eggstravaganza

Apr 13, 2017
flickr.com/Epiphonication

Saturday April 15th, the Louisiana Purchase Gardens and Zoo will be holding its Easter Eggstravaganza. Gates open at 10:00 a.m. that morning, and the Easter egg hunts start at 11:00 a.m.

The Easter Eggstravaganza is one of the zoo's biggest events of the year. Director of the zoo, Joe Clawson, shares that, "The event is to raise money, but it is also to share with the community what's been going on at the zoo. We're really proud of what the staff has accomplished."  

Lions, Tigers, and Boos, Oh My!

Oct 26, 2016
Louisiana Purchase Gardens and Zoo

Louisiana Purchase Gardens and Zoo is hosting its annual Halloween event, Boo at the Zoo, Saturday, October 29th from 10 a.m.to 3 p.m. This year's theme, PokeMonKEE, is all things Pokemon and monkeys.

Boo at the Zoo will be a full day of fun with costume contests, prizes, photo opportunities, and a magician. The zoo will also be giving one of their lions, Baja, a new boomer ball (an indestructible ball made for wild cats).

Fall Celebration Connects Families with Nature

Oct 13, 2016

Friends of Black Bayou is hosting its 20th annual Fall Celebration on Saturday, October 15 from 10 a.m. to 3 p.m. at Black Bayou Lake National Wildlife Refuge.

"Friends of Black Bayou's purpose is to support the mission of the refuge," says President Bob Eisenstadt. "We're an event planning and fundraising wing that's here to support the refuge however we can, whether through time or finances."

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