Inheritance planning is a crucial but often overlooked aspect of financial management, with many people feeling uncomfortable discussing it. Edward Jones Principal and Head of Wealth Management Advice & Solutions, Lena Haas, joins Wealth! to share insights on having the important conversation about inheritance with loved ones.

Haas points out that while over 50% of Americans will receive some form of inheritance, "the conversations are really not happening across family members." Acknowledging high emotions associated with these discussions, Haas emphasizes the importance of a thoughtful approach. She advises against having the talk unexpectedly or in casual settings like the Thanksgiving dinner table.

Instead, Haas recommends a more structured approach: "It's really important to prepare everybody in the conversation - this is what we're going to talk about, this is why, and how do we invite the right family members."

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This post was written by Angel Smith