If money was tight growing up, you probably have these habits now.
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When you grow up watching every penny, certain habits just stick. No one sat you down to teach them — they were learned through quiet repetition and everyday choices. Years later, they still surface in ways you barely notice. Not out of need anymore, but because they’ve become second nature. Pulling off the tape without tearing the paper takes patience and practice. If you were raised in a…
The AI boom is shifting. Here’s what’s changing and how it could affect your investment returns.
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CoreWeave, one of the hottest companies in AI infrastructure, just reported 420 percent year-over-year revenue growth. The private firm provides on-demand access to high-performance AI chips and has become a key player in powering artificial intelligence tools. Much of its rise is tied to Nvidia, which supplies the chips CoreWeave depends on and holds a major investment stake in the company.
Read about one person’s experience with knee replacement surgery in each country.
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My mom’s knee had been giving her trouble for years. By the time she finally saw a doctor, there was barely any cartilage left — it was just bone grinding on bone. Back in 2021, my parents were living in the Pacific Northwest. My mom’s doctor, chosen because of proximity and her insurance, decided that a knee replacement was her best option. Before the surgery could happen, she had to go…
Big Tech’s AI feud could reshape your digital life, from what you see to what you pay. Here’s what’s shifting.
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Meta, the parent company of Facebook, just spent $14.3 billion to buy nearly half of Scale AI; the deal is prompting Google to reevaluate its AI partnerships. Scale AI might not be a household name, but it’s the behind-the-scenes powerhouse that helps train AI (artificial intelligence) models through reinforcement learning from human feedback. The shakeup could influence how tech giants train…
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High-net-worth families don’t leave anything to chance. They use estate planning not only to distribute wealth, but to protect it — from the IRS, from court battles, and sometimes even from their own heirs.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. If you have a house, retirement savings, or kids, a smart plan matters more than you think. And you don’t need millions in the bank to get started. You only need the right tools and a little strategy.1. Trusts built for more than just probateThe ultra-rich love trusts because they give control and protection that wills can’t match.A revocable living trust avoids probate and keeps your affairs private.A dynasty trust can pass wealth down for generations, skipping estate taxes along the way.Spousal Lifetime Access Trusts (SLATs) let couples remove assets from their estate without losing all access to the money.These strategies used to be reserved for the 1%, but now, many attorneys are building trust-based plans for regular families, too.Want to know what type of trust is right for your situation? With our partner, SmartAsset, you can get matched with up to three fiduciary advisors so you can get professional advice.2. Life insurance that doubles as a wealth transfer toolPermanent life insurance can be a tax-free way to pass money down to loved ones. Many high-net-worth families own their policies inside an irrevocable life insurance trust (ILIT) to keep the death benefit out of their taxable estate.It’s a powerful play:Pays out income-tax freeAvoids estate taxHelps heirs cover taxes or debts without selling off family assetsThis isn’t just about coverage — it’s about control.3. Gifting early to shrink future tax billsRight now, you can give away $18,000 per year, per person (as of 2025) without touching your lifetime exemption. Couples can double that. Many wealthy families use this rule to move serious money out of their estate while they’re still alive.Bonus: The current federal estate tax exemption is scheduled to drop in 2026, which means now may be the smartest time to act.Not sure how much you should give or how gifting impacts your estate? Our partner SmartAsset’s no-cost quiz makes it easier to find a fiduciary financial advisor.4. Family LLCs to pass wealth and keep controlWealthy families often bundle their investments, real estate, or even business interests into a family limited liability company (FLLC). Then they pass on “shares” of the LLC to heirs at a discounted value.Here’s what that does:Keeps day-to-day control with the parentsReduces the taxable value of the estateCreates a structure for multi-generational wealth managementSetting up a family LLC requires expert help — but it can be a game-changer for families who want both structure and flexibility.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”
Image source: Getty Images
High-net-worth families don’t leave anything to chance. They use estate planning not only to distribute wealth, but to protect it — from the IRS, from court battles, and sometimes even from their own heirs.
Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
If you have a house, retirement savings, or kids, a smart plan matters more than you think. And you don’t need millions in the bank to get started. You only need the right tools and a little strategy.
1. Trusts built for more than just probate
The ultra-rich love trusts because they give control and protection that wills can’t match.
A revocable living trust avoids probate and keeps your affairs private.
A dynasty trust can pass wealth down for generations, skipping estate taxes along the way.
Spousal Lifetime Access Trusts (SLATs) let couples remove assets from their estate without losing all access to the money.
These strategies used to be reserved for the 1%, but now, many attorneys are building trust-based plans for regular families, too.
2. Life insurance that doubles as a wealth transfer tool
Permanent life insurance can be a tax-free way to pass money down to loved ones. Many high-net-worth families own their policies inside an irrevocable life insurance trust (ILIT) to keep the death benefit out of their taxable estate.
It’s a powerful play:
Pays out income-tax free
Avoids estate tax
Helps heirs cover taxes or debts without selling off family assets
This isn’t just about coverage — it’s about control.
3. Gifting early to shrink future tax bills
Right now, you can give away $18,000 per year, per person (as of 2025) without touching your lifetime exemption. Couples can double that. Many wealthy families use this rule to move serious money out of their estate while they’re still alive.
Bonus: The current federal estate tax exemption is scheduled to drop in 2026, which means now may be the smartest time to act.
Not sure how much you should give or how gifting impacts your estate? Our partner SmartAsset’s no-cost quiz makes it easier to find a fiduciary financial advisor.
4. Family LLCs to pass wealth and keep control
Wealthy families often bundle their investments, real estate, or even business interests into a family limited liability company (FLLC). Then they pass on “shares” of the LLC to heirs at a discounted value.
Here’s what that does:
Keeps day-to-day control with the parents
Reduces the taxable value of the estate
Creates a structure for multi-generational wealth management
Setting up a family LLC requires expert help — but it can be a game-changer for families who want both structure and flexibility.
Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.
Some home styles have soared in value in recent years, while others have recorded more modest gains.
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Home shoppers often look for an architectural style that appeals to them aesthetically. But a recent Realtor.com analysis noted that a home’s architectural style can have a big impact on how much it appreciates in value. “Architecture isn’t just about aesthetics; it often reflects where and when a home was built, and what buyers prioritized. This report highlights the rich diversity of American…
Tarra “Madam Money” Jackson is a financial educator, international speaker, author, and wealth empowerment strategist helping you heal, build, and grow your wealth.
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