Blended families, same-sex couples, multigenerational households and older first-time parents are on the rise. Yet, financial advice tends to address the needs of the “traditional” family of mom, dad and two kids, and not always the additional challenges that these modern families face:
- Blended families struggle with the costs of raising children from multiple marriages and worry about being fair with inheritance.
- One out of four same-sex couples worry about the inheritance they’ll receive from parents who may not embrace their relationships.
- Couples who support adult children or aging parents are concerned about their own retirement.
- Older first-time parents feel they get less support from family and friends in raising their children.
Where does your family fit in?
Be sure that you’re getting advice that suits your needs. Connect with your UBS Financial Advisor.