Something Personal

Financial Planning For Parents


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Choosing to have children is a deeply personal decision that incorporates diverse practical and emotional factors. But once you decide to become a parent, it is worth taking the time to think about how this change will affect your financial life. From the costs of pregnancy and childbirth to paying for a college education, parents face a variety of planning challenges and opportunities. Rebecca Pavese, CPA, returns to the podcast to offer her perspective as a financial planner (and as a mom). Join Rebecca and host Amy Laburda as they talk about how to budget for new expenses; what tax breaks are available to parents; why wills are crucial for parents; planning for ART, surrogacy or adoption; and much more.

Links:

  • What Is Wealth? (with Larry Elkin)
  • 2024 Report on the U.S. fertility rate from the National Center for Health Statistics
  • Paying For College, Start To Finish (with Thomas Walsh)
  • More information about the Baby M case: 
  • What to Know Before Your Surrogacy Journey” (The New York Times)
  • ...more
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    Something PersonalBy Palisades Hudson Financial Group