November 2022
How to Divide an Inheritance Equally: Minimize the need to decide taxes and transaction costs for all beneficiaries
Nothing ignites family arguments like inheritance. If you plan to leave money to more than a few beneficiaries, for the sake of peace and your own emotional legacy, know how to divide the proceeds fairly. First, you can divide your estate among however many heirs you want: three, seven, 11 or 13 and so on.…
Read MoreGiving Thanks for Frustrations and Obstacles: Gratitude makes us focus and turn our negatives into positives
Life is filled with challenges: finding a job, paying for college, affording your retirement. While this may seem paradoxical, on Thanksgiving we should be thankful for frustrations and obstacles. Often on Thanksgiving we think of the Pilgrims. The English colonialists were a grateful lot, but on religious days of thanksgiving, they focused on prayer, not…
Read MoreTips for Leaving an Inheritance to Family: Make sure you think about potential disruptions and plan ahead of time
Families inherit money and sometimes make the right moves investing and spending. Inheritances can also ignite disruption, divorce and a host of bad behavior – far from the hopes and plans of the benefactor. What happens when you leave what’s probably one of your biggest investments: your individual retirement plan? Your Retirement Assets Perhaps most…
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