The Lasting Legacy of Money Values with Mary Beth McLean (Ep. 12)

Dollars and Sense: Creating Your Fulfilled Life

25-01-2023 • 29 mins

Talking about finances with your family can be a difficult discussion, but it doesn’t have to be.

In this episode, Nicole speaks with her colleague, Mary Beth McLean, MBA, CFP, about family wealth planning and having financial discussions with the next generation. Mary Beth shares a few ways to begin the conversation, that it’s ongoing and not a one-time thing, and that it’s never too late to start it.

Mary Beth and Nicole discuss:

What family wealth planning is and why it’s important for you to participate in
How having the conversation could alleviate some unintended consequences when both parents are gone
How to have a conversation about finances with your children that doesn’t center around the numbers
That it’s not a one-and-done type of conversation and why it’s ever-evolving
And more

Connect with Nicole Romito:

Connect with Mary Beth McLean:

About our Guest:

Mary Beth McLean, CFP®, MBA, is a partner at Private Vista LLC. She received her Bachelor’s degree in Finance at St. Mary’s College Notre Dame, Magna cum Laude, and her Master of Business Administration at Northwestern University, Kellogg School of Management. Mary thinks of herself as a financial caregiver. She devotes much of her current practice to working with women, often in transition, to take control of their financial matters. The most satisfying part of Mary’s profession is watching her clients become empowered. Mary Beth McLean helps her clients conceive their future, relieve their fears, and achieve their dreams.