FA Magazine – Priceless Inheritances

Karen DeMasters of Private Wealth features insight from Kimberly Foss, CFP, president of Empyrion Wealth Management, on how late comedic actor Robin Williams’ estate plan can serve as an example on how to plan for those family assets that hold sentimental value. “This is an area where an advisor can add real value to their services,” says Foss. “I try to talk to my clients about where they want their possessions to go. I go to a family meeting, at Thanksgiving or Christmas, when the family is together, and act as an intermediary in talking about these issues. That takes the blame and favoritism out of the picture.”