by Christine | Mar 13, 2013 | Cost Basis, Estate Law, Estate Planning, Inheritance, Stock |
I just inherited some stock from my uncle, and I know that he bought the stock for more than the present cost. Should I find the original cost, or do I use the cost as of the date I inherited the stock? If you ask any accountant or business owner, calculating the cost...
by Christine | Mar 12, 2013 | Estate Planning, Inheritance |
The blessings of wealth can be yours, but they are not delivered on a silver platter. Counter intuitive as it may seem, you must work for them. But your hard work will yield ample rewards. As there seems to be two sides to every story, there tends to be two views on...
by Christine | Feb 12, 2013 | Disinheritance, Estate Planning, Inheritance, Wills |
As cruel as it sounds to disinherit a child, people have their reasons. Sometimes there is no relationship. Other parents might feel the adult is well-off and does not need an inheritance. Estate planning largely involves the process of distributing assets to your...
by Christine | Dec 7, 2012 | Estate Planning, Inheritance, Religion |
Some planners caution that being too restrictive in an estate plan in an effort to pass on religious values—say, disinheriting children who marry outside the faith—can create divisions within a family and spark extended, costly legal battles, all while failing to have...
by Christine | Nov 14, 2012 | Estate Planning, Inheritance |
Every parent with more than one child knows that not all kids are created equal…And when it comes to estate planning, it's time to think hard about what each child needs and what you've done for each one already. It’s never easy to make sure your children are...
by Christine | Oct 30, 2012 | Estate Planning, Executor, Inheritance, Wills |
The chief risk is always that the money will impact a kids’ motivation and self-reliance. “Ideally one would set aside enough funds to allow our family members to do anything they could do, but not so much that they could do nothing.” You give an inheritance to your...
