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The Best Father's Day Gift of All

This book contains checklists that help you assess needs and plan for transitions. It guides you through setting up trusts that will not preclude the family member from receiving government benefits and tells you how to deal with insurance, income taxes and investments designed to help the family member into the future.

Ehlert's financial planning Web site is www.ProtectedTomorrows.com. There you can learn more about her programs and order her book. It's a wonderful gift for a caregiver.

Fatherly Advice

Lastly, if you're still looking for a Father's Day gift, I have the perfect suggestion. Investment guru Jim Rogers (author of Investment Biker: Around the World with Jim Rogers, Adventure Capitalist: The Ultimate Road Trip and A Bull in China) has written a small volume of pithy advice. In fact, the title is almost longer than the book: A Gift to My Children: A Father's Lessons for Life and Investing.

In this book, Rogers blends advice to his two young daughters with investment maxims. It's a wonderful explanation of the lessons Rogers wants to pass on to his family -- and to your family.

Rogers explains why he and his wife are raising their daughters in Singapore -- and ensuring that they learn Mandarin! He uses his tales of traveling around the world by motorcycle and car to illustrate his investment advice. His simple, but important, instructions range from "Beware of all politicians, everywhere!" to "Remember who you are, and stay with it."

This book is so unusual and so skillfully blends personal morality and investment wisdom that it's a great demonstration of respect and love from one generation to another. That's the best Father's Day gift you can give. And that's The Savage Truth.

Terry Savage has no positions in stocks mentioned in this article. Terry Savage is an expert on personal finance and also appears as a commentator on national television on issues related to investing and the financial markets. Savage's personal finance column in the Chicago Sun-Times is nationally syndicated. She was the first woman trader on the Chicago Board Options Exchange and is a registered investment adviser for stocks and futures. Savage currently serves as a director of the Chicago Mercantile Exchange Corp.
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