Be Smart with Your Wealth in Retirement Gifting away all your assets during your lifetime may seem like a kind gesture, but it’s not always the best move. Succession planning is definitely of prime importance but that doesn’t mean you should be handing over a big chunk of your wealth to your kids while you’re still kicking around. Instead, make sure you have a proper Will in place. That way, your assets go exactly where you want them to, not just where the law decides. #dontretirerich