Generational Financial Planning Within The Kiddie Tax Limits
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Families that consider generational financial planning techniques can reduce the burden of taxes on the family as a whole.

Roth IRAs Make Great Estate Planning Tools
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Taking the smallest distribution each year will ensure the beneficiary achieves the maximum tax-free growth of tax-free income.

Do Children Need To File A Tax Return To Fund Their Roth IRA?
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The IRS does not require dependents whose gross income is only earned income to file a tax return if the amount is less than a certain amount.

Ten Principles for Teaching Children about Money
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Here are ten principles for teaching children about money.

Family Budgeting
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If a budget isn’t a team effort, one member of the family will hold the purse strings and everyone else will be resentful.

Gifts, Taxes, and IRS Form 709
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Most people are unaware that giving a gift can be a taxable event because they themselves have not yet experienced the tax.

How To Instill Good Financial Habits In Your Children
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Give your children experience spending their own money.

Gifting Appreciated Stock To Family Members
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For children with lower incomes, there is an opportunity to give them appreciated stock to shift the capital gains to a lower tax bracket.

What is the Kiddie Tax?
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The kiddie tax was first added to the tax code in 1986 for children under age 14. Now, it can burden them until they are 23.

Trust Protections from Creditors and Spendthrift Beneficiaries
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The beauty of trusts is that they are very flexible, and an estate lawyer can help you craft a document that will follow your wishes and give you peace of mind.

Financial Christmas Gift Ideas
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Financial Christmas gifts don’t need to be a piggy bank. They can be more serious and more meaningful than that.

How to Open a Roth for Your Child
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Someone has to be proactive about your child’s retirement and every year you don’t open a retirement account is another year you’re holding back compound interest.

One Income: The Fiscal Challenges for Stay-At-Home Moms and Dads
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Financial planning means supporting the goals of stay-at-home parents to be with their children.

Fund a Teenager’s Million-Dollar Retirement
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We teach teenagers a lot more about sexuality than we do about money. This can confuse them about what they should be learning. Give this article to a teenager and encourage him or her to start a Roth IRA.

How To Avoid Drowning in College Debt
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Debt burdens are relative. For example, a $58k college debt will feel doable to a doctor making $100k+ per year and overwhelming to a lower wage employee. A degree should not cost more than your future earning power will sustain.

George Marotta featured in Reuters article by Linda Stern
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The 85-year-old Palo Alto patriarch has turned helping his 10 grandchildren into a hobby that has paid off for multiple generations.

Rich Dad, Planning Daughter
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My money has value because I have values my money helps me achieve. In this season of New Year’s resolutions and old year evaluations, treat your imagination with the question: What’s the money for?

Economic Lessons from Farmville
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To interest me, a game must have a simple but thought-provoking premise that allows for deep strategy. I’d never played Farmville but decided to recently because the parent company, Zynga, is going public this Thursday, December 15, 2011.

Rich Dad, Empowered Daughter
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With impulses reeling, it is easy to find a gift that children will appreciate but difficult to find one that they will love to have. The gifts that I loved to have and the presents that I still cherish are the vocational gifts that my parents purchased for me.

Rich Dad, Amused Daughter
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Fun has no price tag and cannot simply be ordered online plus $3.99 shipping and handling. It’s true that money can enable experience but it cannot replace it. There is an art to having fun and it needs to be taught.

Rich Dad, Thankful Daughter
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Often times I wouldn’t buy for myself what my parents thought was needed. Items my parents thought were essential for me to own were purchased by them.

Rich Dad, Saving Daughter
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Although sock drawers might be able to protect wealth from physical thieves, inflation is the dastardly villain who will raid it. As a child, I did not know of such economic forces let alone that they had an influence on my humble stash.

Rich Dad, Creative Daughter
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One reason that many people buy things that they could have done without is “functional fixedness.” Teach children to prevent unnecessary purchases by making efforts to help them see other possible uses of owned objects.

Rich Dad, Discerning Daughter
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My dad taught me the opportunity cost of a Barbie airplane, or what alternative opportunities I would be giving up when I bought it, like buying twelve Barbies.

Rich Dad, Wise Daughter
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For cheap or limited edition items, desire needs to undergo a trial other than the test of time and the Wait a Week principle should be modified.

Building A Rich Defense
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Multifamily offices and private banks see an increasing need for self-defense programs that help protect their wealthy clients.

Full-Nest Syndrome
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“With more adult children relying on their parents amid the economic uncertainty – or moving back home – well-laid financial plans could get trampled.”

Rich Dad’s Money, Rich Daughter’s Money
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If my parents had been in control of the purse strings, I would not have learned the value of money. To a child, “My Money” is valuable where “Your Money” is worthless.

Economic Lessons from “Settlers of Catan”
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What makes Catan particularly interesting is that just producing the most resources is not sufficient to win the game. Knowing what mix of resources you need to meet your objectives is critical.

Radio: Giving Your Children a “Rich” Mindset
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David Marotta and Megan Marotta were featured on October 11, 2011 on radio 1070 WINA’s Schilling Show discussing the importance of teaching your children about money and giving them a “rich” mindset.

Rich Dad, Patient Daughter
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With money in my pocket and impulse in my veins, I used to cherish our weekly trips to Toys ‘R’ Us. However, it was on the Barbie aisle under my parents’ guidance that I became a money-savvy kid with the millionaire mindset.

Rich Dad, Working Daughter
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When it comes to teaching financial lessons, setting a good parental example is important, but actually giving the child some experience making wise financial decision is essential.

Wealthy Kids In Trouble
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Children of the rich and famous are not immune to the temptations and foolish behavior that sometimes plague the rest of this generation’s youth.

Financial Planning For Kids With Special Needs
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Parents with disabled children must have an estate plan to provide without disqualifying them from receiving public assistance.

Economic Lessons Learned from Chess
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I love strategy games. Many people dismiss games as a waste of time. But at their best they teach principles of cause and effect that we can use as paradigms for real life.

Rich Dad, My Father
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David John Marotta may just be an economic columnist or financial planner to you, but to me he is an amazing father and best friend. I’d like to take this opportunity to show you why he was and is so awesome.

Chess: David John Marotta vs. Edward Teller (1977) – Game 2
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Played at the age of 16 at a social gathering with theoretical physicist Edward Teller on 1977-07-09.

Chess: Edward Teller v. David John Marotta (1977) – Game 1
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Played at the age of 16 at a social gathering with theoretical physicist Edward Teller on 1977-07-09.

Family Affair
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Father George Marotta and son David John Marotta were featured in an article in Financial Planning magazine.

Rich Dad, Rich Daughter
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“Small changes over a long period of time make all the difference.” Learn how to teach financial wisdom to your children with Megan Marotta’s series, “Rich Dad, Rich Daughter.”

Radio: How to Win the CNBC Million-Dollar Portfolio Challenge
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David John Marotta was featured on radio 1070 WINA’s Rob Schilling show on September 13, 2011. The topic was the CNBC million-dollar portfolio challenge, and how it does not emulate a good real-life investing strategy.

How to Win the CNBC Million-Dollar Portfolio Challenge
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CNBC’s million-dollar portfolio challenge begins next week. Participants can trade a fictional account of stocks and currency. Prizes are given over each of the 10 weeks, and then a grand prize winner is awarded a million.

Minimum Wage Hurts Starter Jobs
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Some first-time workers are not worth minimum wage. But without being hired, they can’t learn job-related skills.

Learning to Live on Your Own, Part 2
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Here we offer some sound advice on how to put the money you’ve saved to work for you.

Learning to Live on Your Own, Part 1
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If you’re like most of today’s college graduates, you may find yourself ill prepared for the real world of financial responsibility. You never saw how your parents lived when they were first married and struggling. Consequently, you may be basing your after-school expectations on an upper-middle-class lifestyle. Here is my financial advice for those of you learning to live on your own.

How Your Children Can Win the Stock Market Game
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To meet your goals you don’t need to beat the investment returns of everyone else. Instead, you want a decent return in order to retire comfortably and to ensure a cash flow which will support your standard of living.

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