Financial and Life Planning Resource Directory

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Money: Family financial transactions
Consumers/clients
	Bibey, Chris, "Why You Should NOT Lend Money to Family and Friends"
		http://www.moneycrashers.com/why-you-should-not-lend-money-to-friends-and-family/, Free Five reasons not to lend money to people you know.
	Coe, Norma B., and Webb, Anthony, Actual and Anticipated Inheritance Receipts
		Boston College Center for Retirement Research, December 2009, Free http://crr.bc.edu/images/stories/Working_Papers/wp_2009-32.pdf Coe and Webb observe that most inheritances are modest, and so, while data suggest that actual inheritances tend to be in line with expectations, these do not affect the saving behavior of most people.
	Elias, Steve, Special Needs Trusts: Protect Your Child's Financial Future
		NOLO, 2009 http://www.amazon.com/Special-Needs-Trusts-Protect-Financial/dp/1413310176/ref=sr_1_17?ie=UTF8&s=books&qid=1276196353&sr=1-17#_ Elias explains special needs trusts in detail. Note, however, that you will still need to consult a local attorney who specializes in such arrangements, because the rules are complicated and vary from state to state.
	Fee, Richard W., "Special Needs Trust, the"
		http://www.kidsource.com/kidsource/content4/estate.dis.all.3.3.html, Free Over of how you can set up a trust so that you can provide some financial support for your special needs child, while still qualifying her or him for state benefits.
	Laitner, John P., and Sonnega, Amanda, Intergenerational Transfers in the Health and Retirement Study Data
		University of Michigan Retirement Research Center, October 2010, Free http://www.mrrc.isr.umich.edu/publications/papers/pdf/wp238.pdf Laitner and Sonnego report on inheritances and other such transfers, noting among other results that “accidental” inheritances are twice as common as intentional ones.
	Leukhina, Oksana, and Santoro, Marika, In-Depth Look Into Intergenerational Flows
		Boston College Center for Retirement Research, May 2011, Free http://crr.bc.edu/images/stories/Working_Papers/wp_2011-11_508.pdf Leukhina and Santoro document the nature, frequency, and extent of family financial transfers, which occur mostly from parent to child. They also note that parents tend to give relatively more to those of their children who provide them with relatively more attention, physical and monetary help.
	Making Loans and Gifts to Family Members
		RetirementWorks, Inc., 2008, with revisions, Free http://www.retirementworks2.com/pdfs/Making_Loans_and_Gifts_to_Family_Members-UNU.pdf Addresses the risks on both sides of these transactions, and what you can do to minimize them.
	Nemzoff, Ruth, and Weiss, Wendy, "Your Money and Your Adult Children – The Challenges They Present", Integrative Adviser, March 2009 (Vol. 2, No. 1)
		http://www.aiflp.org/pdfs/IntegrativeAdviserNo0201.pdf Nemzoff and Weiss discuss the potential problems and some useful approaches for older parents to use in dicussing their own finances, and potential financial legacies, with their adult children.
	Preparing Adult Children for Inheritance: Maintaining Harmonious Relations Across the Generations in Families of Affluence
		Harris myCFO, April 2007, Free http://www.harrismycfo.com/vgn/cfo/pdf/whitepapers/Preparing%20Adult%20Children%20for%20Inheritance.pdf Offers some very good, free advice on making sure the inheritance you leave does your child(ren) good instead of harm.
	Providing Financially for your Special Needs Family Member
		RetirementWorks, Inc., 2009, Free http://www.retirementworks2.com/pdfs/Special_Needs-UNH.pdf A good overview of the essential issues, and points you toward additional resources.
	Tips on Lending Money to Family and Friends (National Foundation for Credit Counseling)
		http://www.nfcc.org/consumer_tools/consumertips/consumertips_23.cfm, Free What to do, and not to do, when family or friends want to borrow from you. Also available in Spanish.
	Ways for Siblings to Divide an Inheritance (Helium.com)
		http://www.helium.com/knowledge/136349-ways-for-siblings-to-divide-an-inheritance, Free Suggestions by readers on how to solve an often sticky problem.