If you’re a parent, it’s natural to worry about what will happen to your children after you’re gone. But if you’re a parent of a child with special needs, that concern might be intensified with additional worries. Adult children who are living with a disability and who receive U.S. government benefits need to be considered […]
Families usually find it awkward to talk about money but rich families seem to be even worse at broaching the matter. In fact, a startling 90% of wealthy parents don’t tell their kids about family finances at all. Failing to have ‘the conversation’ with your children can make for a rough journey if you’re bent […]
One of the universal traits of youth is the ability to fall deeply in love. Another enduring trait of theirs is a resolute passion that drives them to reach their goals. So when your adult child falls in love and is ready to get married, of course there’s no stopping them. Whether they’ve made a […]
“How do I protect my children from others (and themselves) when they receive their inheritance?” That’s one of the most frequently asked questions Financial Advisors, Attorneys and Certified Public Accounts encounter. And no wonder: over $59 trillion in wealth is set to be transferred to heirs and charity in the coming decades up to 2061. […]
The Merriam-Webster Dictionary defines “downsize” as “to make smaller” or “reduce in size.” That’s easy if you’re halving a recipe for lasagna or, say, finally getting rid of that old VHS video collection. But how do you downsize your entire home… your life? The prevailing logic for retirees is that downsizing is the first step […]
Looking Downstream by Tim Scannell After a long afternoon of walking the Yampa River and looking for a mythical rainbow trout, I was finally able to locate, hook and guide a beautiful rainbow trout to my net. The challenge was exhilarating as I stumbled down river like Brad Pitt in A River Runs Through It […]
As we watch the replays of the final week of the NCAA Men’s Basketball Tournament, I’m once again asking myself how I could have gotten my picks so wrong! I watched games, looked at statistics and thought I was making objective and intelligent selections, but in hindsight my biases got the best of me! Why […]
Every family’s long-term and short-term plans are unique. Even more so, each family member’s needs and dreams take their own individual shape. For families planning long-term for their loved ones living with disabilities, advisors are here to provide options that work for you. One such option comes in the form of the Stephen Beck Jr., Achieving […]
When our children were young, our dentist applied sealant to our children’s teeth to prevent cavities. However, at a recent visit to the dentist some twenty years later, my daughter Beth’s dentist explained that the sealant had slowly faded over time, allowing cavities to cultivate underneath the sealant. As a result, minor remedial treatment […]
Preparing for a family, raising children, and having grandchildren involve major, complex decisions, many that most people would rather not confront. Denial or avoidance lead to uneasiness and complications. More importantly, ignoring critical planning could harm your family’s future. Living Will A living will states your wishes regarding health care directives and end-of-life wishes. A […]
Scannell Wealth Management is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.
Sign up to receive updates when new posts are published
about the authors
Managing Director and Partner with Scannell Wealth Management at HighTower, shares his thoughts on topics such as entrepreneurship, small business ownership, preparing for retirement and generational wealth transfer planning. Located in Valparaiso, IN, Tim Scannell is family oriented with a passion for preparing the next generation to inherit wealth without burden or conflict.
is a Certified Financial Planner (CFP®) Certificant at Scannell Wealth Management. He is also a member of the U.S. Marine Corps Reserves with a passion for fiduciary wealth management. Through The Market Recruit, Wes shares his advice and thoughts on the investing and financial planning for newlyweds, millennials and entrepreneurs.
Take Control of Your Future
Contact us to learn how we can help you reach your goals.