Leaving Your Lasting Legacy Want to do more with your wealth? You might want to consider creating a charitable foundation. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Saving for College 101 Here’s a crash course on saving for college. When to Self-Insure Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails? Does Your Child Need to File an Income Tax Return? When your child has income, there’s a good chance that he or she will need to report it and pay taxes.