The estranged wife of late Cubs legend Ernie Banks claims the Hall of Famer was diagnosed with dementia days before he signed a will that left his entire estate to his caregiver.
Read More »Anna Nicole Smith Saga Finally Over?
After almost 20 years, the long legal battle between Anna Nicole Smith’s estate and her late husband’s estate might finally be over after a recent court ruling.
Read More »What Does Your Will Say about You?
We often think the process of estate planning is mostly about finances. However, how we distribute our estates also says a lot about who we are as people and what we value.
Read More »Online Will Registration
It is not always easy for descendants to locate the wills of the deceased. A new online service hopes to provide the first national solution to that problem.
Read More »Why Do You Need a Will?
This article gives the example of a businessman who had named his son as the nominee in all his investments. Since the son was managing all the father’s investments, it was convenient. But since the businessman passed away without making a will, now his daughter is finding it difficult to prove that she, too, has […]
Read More »Forged Will Leads to Arrest
Unfortunately, it is not unusual for people to take advantage of the elderly and even to go so far as to forge a will when the elderly person passes away. It is heartening, however, that when caught the people who do this normally face criminal charges. An Arkansas woman, Kimberly Dement Dotson, has been […]
Read More »What to Do with an Inherited IRA
RAs are among the largest assets inherited by heirs and beneficiaries. These accounts have been able to grow to such large amounts because income taxes are deferred until the owner begins to take distributions, usually after reaching age 70 ½.
Read More »A Different Sort of Inheritance Scam
Scammers have long sought to use inheritances in their nefarious plots. A woman in Brooklyn is accused of using a new twist to scam her friends out of money by making up an inheritance. An old fraud has a scammer pretending to be an attorney or estate agent. The fraudster will tell a potential victim […]
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 »Rare Books in an Estate: What to Do?
One of the most difficult tasks facing someone taking care of a loved one’s estate is figuring out which items are valuable. We all know that inherited fine art can be very valuable and should be evaluated by a professional and there are endless blogs, magazines, and TV shows that discuss what to do with […]
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