Sharing information with your kids is important, but being deliberate about it, and doing it at the right time is even more so.

Individuals often want to pass on their values, as well as their wealth, to their rising generation. Including family members in charitable giving creates a unique opportunity for families to share their values and prepare them for the responsibility of managing wealth. It may also help the next generation develop a sense of stewardship of their family wealth, and to gain a sense of connection, purpose, generosity, and community engagement.