Estate Planning How to Put Together Your Legacy Drawer If your family loves you unconditionally now – and they probably do – there’s an easy way to keep that love alive after you’re gone.
Estate Planning Should Children Inherit Equal Wealth? Dividing up your estate among offspring can be a tricky business.
Estate Planning Losing an Inheritance Is Easy, Because Saying No Is Hard Many beneficiaries view their inheritances as free money, experts say and some run through their sudden wealth on cars, major house renovations, and large gifts to children.
Estate Planning Beware, the IRS is Eyeing Your Inherited Money One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth, especially wealth that you earned the old-fashioned way: by inheriting it.
Estate Planning Letter Of Intent Will While it has no legal standing, and a letter of intent cannot override a will, it can be an invaluable document for your family in any kind of an emergency, not just your passing.
Estate Planning Supreme Court Decides That Inherited IRAs Are NOT Retirement Accounts On June 18th, 2014 the U.S. Supreme Court decided that, for the purpose of federal bankruptcy law, an inherited IRA is no longer considered a “retirement account” and is therefore accessible to creditors in bankruptcy. Learn how to protect your heirs.