A university as old as Princeton has received many bequests, but perhaps none quite as magnificent as a recent bequest that is the largest Princeton has ever received. The university recently revealed the contents of the $300 million bequest. Some amazing treasures are included.
Read More »Infant’s Inheritance Disclaimer Blocked
If someone does not wish to receive a specific inheritance, they can disclaim it. However, what happens if the person is a minor? It is up to the parents to disclaim the inheritance on the minor’s behalf. Recently, a Brooklyn judge rejected one parent’s attempt to do that.
Read More »How an Heiress Lost $300 Million
The best-selling book Empty Mansions will soon be made into a movie. It details how a 104-year-old-heiress who held a ticket on the Titanic lost her fortune.
Read More »Why You Need an Ethical Will
Many people today are choosing to have two wills. One will is a traditional will that decrees how property should be divided. The other will is called an ethical will. It passes down life advice and wisdom.
Read More »Estate Planning and Cohabitation
More and more young Americans are choosing not to get officially married, but living together as unmarried couples. This trend creates special needs in estate planning for these couples.
Read More »Different Types of Trusts
While all trusts share some similarities, there are many different types of trusts that you can use as part of your estate plan. For that reason, it is helpful to know what some of your alternatives are if you are considering getting a trust.
Read More »Mr. Cub’s Will Contested
Legendary baseball player Ernie Banks, known to fans as “Mr. Cub,” passed away recently. Now it appears that there are two disputes involving his passing, including a will contest.
Read More »Now That’s Awkward!
An awkward part of estate planning is telling your kids how much — or how little — they’ll get. Here’s how a financial planner can help. For clients, one of the most stressful aspects of estate planning — already an emotionally difficult process — is the prospect of telling heirs what they plan to […]
Read More »How to Care for Aging Parents
Dealing with aging parents is not only tough emotionally, but financially. A Caring.com report found that nearly half of family caregivers spend more than $5,000 a year on caregiving, and 30 percent spend more than $10,000. Your parents may need help. Are you ready?
Read More »Financial Smarts Peak at 50, Here’s How to Protect Your Older Self
Financial Smarts Peak at 50, Here’s How to Protect Your Older Self.
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