You've decided what you want to leave to your heirs, but have you looped them in on your plans? Rather than leave them in the dark, take these steps to make sure your money lasts for generations to come.
For families who are looking to get the conversation started, there are a couple of ways to help break the ice.Wealthy members of the silent and baby boomer generations tend to take an autocratic approach to their financial decision making, Merrill's report found.
Participatory decision-making can help parents and grandparents get children involved. That can include discussions where younger family members are given hypothetical financial problems to solve.
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