For parents of adult children, it's not just a fact but a significant responsibility that today's young adults are facing many financial barriers. As a parent, you aren't just a provider of emotional support but a crucial advisor on their journey to financial independence. Your guidance can help your adult children start their financial journey on the right foot, leading them towards the financial health that will enable them to move out on their own.

It's not a secret that the financial landscape is always evolving and often confusing. This is particularly true for Gen-Z born between the mid-1990s and early 2010s. Unlike previous generations, Gen Z has grown up witnessing economic recessions, explosive growth in student loan debt, and a rapidly changing job market. If these experiences have shaped your view on money, you're not alone. Many of your peers have had their perspective on financial health challenged and ultimately shaped by outside influences and evolving circumstances, too. As a result, it's not uncommon for earners in this age group to be fiscally conscious and wary of traditional financial paths. 

You can take control of your financial freedom at any age, though - remember, it’s never too soon to get started.

Inheriting real estate can be a bittersweet experience. While it represents a final connection to a loved one in the here and now, it may also represent a financial windfall that requires careful management. Navigating the world of estate and inheritance taxes can feel overwhelming during a time of grief, especially with the variance in state regulations throughout the region. Let's clarify the differences between these two taxes and their potential implications for residents of Washington, D.C., and Maryland.