Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.
What happens when a decedent’s will or trust does not provide for a decedent’s child?
The distribution of some of our assets can be governed by contracts. Examples of these contracts include life insurance, investment accounts, bank accounts and trusts.
Caregiving for a family member can be time-consuming and emotionally draining. It can be financially draining, too.
It is also important to realize that it isn’t merely “why” you are updating your will, but “when” you are updating that can make all the difference. Acting too late (or too early) may mean your changes are no longer appropriate or even immediately invalidated.
One problem that frequently stems from the inheritance process is fractured relationships between siblings. Unfortunately, the common denominator in many of these situations is the parents’ estate plan.
Aging parents grow stubborn, and researchers are uncovering the reasons why.
Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
The in-court fights between Hawkeye actor Jeremy Renner and his ex-wife Sonni Pacheco have not slowed, despite current world events.
What steps can be put into place to ensure an adult child, who makes poor decisions, will be secure after the death of the parent? The main asset is life insurance.
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