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 »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.
Read More »The President’s Budget and Your Estate Plan
If you have an estate plan, it is very important that you monitor the progress of President Obama’s latest budget. It could have major implications for your plan.
Read More »Inheritance Stolen after Social Media Posts Made about It
While many people prefer to keep their financial affairs private, there are others who have no problem letting the entire world know about them. One young man in Philadelphia is learning the hard way that it is not a good idea to let the world know about your inheritance on social media.
Read More »Estate Planning for Widows
Anytime someone loses a spouse, it is important that the surviving spouse’s estate plan be revisited. As it turns out, widows often need something different than widowers.
Read More »What You Need “To-Do” with Your Estate Plan
Now that January has passed and you have hopefully gotten your beginning of the year business done, it is time to turn your attention to your estate plan and make sure that it is up to date.
Read More »Help Wanted: Daughter to Inherit Fortune
Most people who do not have children to inherit their wealth give it to other relatives or charity. However, one woman in China has a different idea. She is advertising for someone to be her daughter.
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