Kiplinger

Is Your Child at Risk of Catching 'Affluenza'?

Without exception, the primary concern for my clients with young children is to manage their inheritance so the children still strive for achievement rather than dwell in entitlement. My first question is just what they are doing now to instill those values.

I'm often met with a blank stare at first. It's simply not a normal question from a wealth adviser. Sometimes, the discussion moves to the problems they are already experiencing.

Dr. Suniya S. Luthar, in her article "," reports that a substantial number of teens attending distinguished schools, achieving good grades and engaging in sports and clubs

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger8 min readPolitics
10 Tips on How and When to File an Amended Tax Return
It's well past April 15. So, unless you applied for an extension, the stress and frustration of filing your federal tax return should be a distant memory by now. But what if you suddenly realize there's a mistake on your return or a new development t
Kiplinger3 min read
How You -- and Your Kids -- Can Make Smart Student Loan Decisions
Summer and fall are important seasons for families to research student loans. If your household includes a student preparing to apply to colleges, you'll want to factor cost into the decision and be mindful of the potential amount of debt accrued. I
Kiplinger2 min readPolitics
IRS Automatically Waives Withholding and Estimated Tax Penalty for Thousands of Taxpayers
Earlier this year, the IRS lowered the underpayment penalty threshold from 90% to 80% to help taxpayers who didn't have enough tax withheld from their paychecks in 2018 or didn't pay enough in estimated taxes last year. As a result, taxpayers could a