​According to one study, 70% of rich families lose their wealth by the second generation. Worse, by the end of the third generation, nine out of ten of these families are no longer wealthy.

Let me tell you about unique challenges about money that women often face. There are many, but let’s focus on four.

1. Women make less and work less,
2. Women are the primary caregiver of aging parents,
3. Women live longer than men, and
4. Women lack confidence when it comes to money.

To our friends who are tax and estate planning professionals, we hope your year is off to a great start. We wanted to say happy new year,... but it's already February already. Yikes