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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 12, 2025
Page
11
Morningstar guidance outlines three key steps to discuss bequests with heirs. Reflect on personal experience, define legacy beyond wealth, and create a concrete, timed plan for conversations. The article stresses alignment of expectations to reduce conflict and improve well being during transitions.
Morningstar interviews a strategist who defends the 60/40 approach amid mixed markets. He notes bondsProvided defense in mid year, warns higher inflation and tariff risks could raise rates and pressure both stocks and bonds, stresses a long horizon of five to ten years, and suggests yields may fall as inflation cools.
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