Some call baby boomers the sandwich generation because they are caring for both parents and children. Similarly, many baby boomers are sandwiched between inheriting assets or family businesses and planning for future distributions of their own assets or transferring of the family business.
The first time most of us create a will is when we have children. As we mature and our family structure changes, so too must the manner in which we view our estate plans. A will is more than a means to transfer property; it can be an expression of one’s personal ideals. The passing of values from one generation to the next is one of the most fundamental tenets of Judaism.