How to Give an Inheritance While You're Alive

Plus, the best high-yield accounts for September. Created for {EMAIL} | [Web Version]( September 5, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into Helping Your Heirs Now]( If you have amassed a considerable nest egg, you could give your heirs part of their inheritance now and make things a bit easier for the next generation. They could reduce student debt, buy a home or start a business without waiting decades for your will to be read. However, there are many important things to consider before divesting any of your hard-earned wealth while you are still alive. Kiplinger senior editor Sandy Block explains [how to give while living without jeopardizing your retirement security]( and how to create guardrails in your plan to protect you and your spouse’s financial well-being. — Donna LeValley, personal finance writer [6 Things Not to Do When Selecting a Financial Advisor]( Working with a financial advisor can be a great first step to helping make sure you're on track to reach your retirement goals. But choosing the wrong one could wreak havoc. Check out these 6 things not to do when choosing a financial advisor, so you can work to potentially avoid years of stress. [See the list]( ADVERTISEMENT [] BEST HIGH-YIELD ACCOUNTS [] [Bump Up Your Savings Rate: Top High-Yield Accounts to Try]( [Bump Up Your Savings Rate: Top High-Yield Accounts to Try]( (Getty Images) Make your cash work for you regardless of the amount you have. 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