by admin | Dec 16, 2014 | Children, Common Mistakes, Inheritance, Parents
I recently heard an attorney from a prominent estate planning firm say that one of the real tragedies of working with estates and inheritances is the large number of cases where children will litigate over what their parents left them. Lawsuits can take the form of a...
by admin | Nov 18, 2014 | Children's Protection, Deeds, Inheritance
Do you own your home and other real estate in joint tenancy, where the property is deeded to you and your spouse as “husband and wife as joint tenants?” If you own your home in this way, do you realize that if you die, that some future person whom your spouse...
by admin | Feb 21, 2014 | Inheritance
Baby boomers are set to inherit up to $8.4 trillion over the next 15 years, according to The Center for Retirement Research at Boston College. A recent New York Times article explored the complicated issues that these inheritances can bring, including transferring...
by admin | Dec 18, 2013 | Family Values, Inheritance
A recent Wall Street Journal article noted that boomers and seniors are more interested in passing along family heirlooms and history, leaving a legacy for future generations that extends beyond money. Citing a 2012 survey by Allianz Life Insurance that found 86% of...
by admin | Jul 13, 2012 | Beneficiaries, Estate Taxes, Inheritance
As a Personal Family Lawyer®, I am often asked to help people who inherit a retirement account. The action you need to take with an inherited IRA depends upon your unique situation; the IRS has rules for each and recently announced that they will be cracking down on...
