Tag: inheritance

Latest Posts From Tag: inheritance

Personal Taxes

Key Reasons A Will Is Disputed & How to Prevent It

Did you know that your family and/or friends have the right to challenge your will during probate proceedings? They are even entitled to object to its validity and various aspects of the inheritance left behind. As you can imagine, this

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Personal Taxes

How to Shield Your Estate from Creditors

The executors are settling an estate — but the decedent owes money. What can the creditors take and what is reserved for the inheritors? There is no easy answer, and a variety of federal and state laws apply. To start with, retirement

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Personal Taxes

Why You Need a Will

No one wants to think about death or dying, yet it is inevitable. Ignoring that fact causes many of us to delay planning, which, if the unexpected happens, can result in issues that could have been avoided. That is why

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Personal Taxes

Heirs and Spares: Contingent Beneficiaries

When the Titanic went down in 1912, several women chose to remain on board and drown with their husbands; most famously was Ida Straus, whose family co-owned Macy’s Department Store. Although Titanic-scale disasters are extraordinarily rare, you should nevertheless include

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