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...
by Christine | Aug 31, 2012 | Gift, Inheritance, International Taxation, IRS |
What about foreign gifts and inheritances? These rules aren’t as well publicized but the stakes are huge. Have you received a gift or inheritance from a loved one living in a different country? The IRS wants to know about it, and failing to notify them could cost you....
by Christine | Jul 30, 2012 | Estate Planning, Inheritance |
Inheriting money would seem like one of life’s unabashed blessings: someone gives you a lump sum just for being you. For the rest of us, inheritors seem like a democracy’s version of royalty: born into a world of privilege we would love to know. Yet the inheritors I...
by Christine | Jul 3, 2012 | Estate Planning, Inheritance |
Most young, wealthy Americans believe it's important to pass money on to their heirs. They may be disappointed to learn that their parents don't feel the same way. Are you planning to leave an inheritance to your children or are you expecting to receive an...
by Christine | Jun 27, 2012 | Estate Planning, Inheritance |
While not always easy to think about, inheritances are a part of the financial pictures for many baby boomers. Handling an inheritance sometimes requires thought and a game plan, and it is a topic that can be too easily set aside to be dealt with in the future. An...
by Christine | Jun 12, 2012 | Estate Planning, Inheritance, Trusts |
F. Scott Fitzgerald observed that the rich are different, but that does not mean an heiress can adopt her 65-year-old ex-husband to increase her family's claim to a billion dollar inheritance. You can pick your husband and, if you adopt, you can even pick your...
