Financial Planning For Parents

18/12/2024 31 min Temporada 2 Episodio 10

Listen "Financial Planning For Parents"

Episode Synopsis

Choosing to have children is a deeply personal decision that incorporates diverse practical and emotional factors. But once you decide to become a parent, it is worth taking the time to think about how this change will affect your financial life. From the costs of pregnancy and childbirth to paying for a college education, parents face a variety of planning challenges and opportunities. Rebecca Pavese, CPA, returns to the podcast to offer her perspective as a financial planner (and as a mom). Join Rebecca and host Amy Laburda as they talk about how to budget for new expenses; what tax breaks are available to parents; why wills are crucial for parents; planning for ART, surrogacy or adoption; and much more.
Links:

What Is Wealth? (with Larry Elkin)
2024 Report on the U.S. fertility rate from the National Center for Health Statistics
Paying For College, Start To Finish (with Thomas Walsh)
More information about the Baby M case: 
“ What to Know Before Your Surrogacy Journey” (The New York Times)