#estate-planning

[ follow ]
#family-dynamics
Retirement
from24/7 Wall St.
2 months ago

My brother died leaving me the sole beneficiary of his 401(k) - should I feel pressured to share the money with my siblings?

Beneficiaries of a 401(k) are not obligated to share their inheritance.
Open estate planning discussions can mitigate familial tensions over inheritance.
Retirement
from24/7 Wall St.
2 months ago

One of our kids is rich, the other isn't - how should we divide our estate so its fair?

The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.
fromwww.mercurynews.com
2 days ago
Relationships

Asking Eric: My sister wants me to have a baby and raise it in her cult

Establishing boundaries and seeking legal advice is crucial for avoiding toxic family dynamics.
fromPsychology Today
4 days ago
Retirement

Estate Planning for Families in Conflict

Use a soft-close approach to ease into hard estate planning talks.
Explain your choices to avoid hurt or confusion.
Get buy-in from trusted individuals for big responsibilities.
Review your estate plan regularly to reflect life changes.
fromIndependent
3 months ago
Writing

'I am leaving the farm to my nephew - and my son has been aggressive and threatening since he found out. What can I do?'

Sound legal advice is essential when navigating inheritance disputes to safeguard your wishes.
from24/7 Wall St.
1 month ago
Parenting

My uncle was caught off guard when he found out I knew he wouldn't be inheriting anything - should I have told him?

The Reddit user respected his grandmother's wishes by keeping her estate plans confidential.
Retirement
from24/7 Wall St.
2 months ago

My brother died leaving me the sole beneficiary of his 401(k) - should I feel pressured to share the money with my siblings?

Beneficiaries of a 401(k) are not obligated to share their inheritance.
Open estate planning discussions can mitigate familial tensions over inheritance.
Retirement
from24/7 Wall St.
2 months ago

One of our kids is rich, the other isn't - how should we divide our estate so its fair?

The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.
fromwww.mercurynews.com
2 days ago
Relationships

Asking Eric: My sister wants me to have a baby and raise it in her cult

Establishing boundaries and seeking legal advice is crucial for avoiding toxic family dynamics.
fromPsychology Today
4 days ago
Retirement

Estate Planning for Families in Conflict

Use a soft-close approach to ease into hard estate planning talks.
Explain your choices to avoid hurt or confusion.
Get buy-in from trusted individuals for big responsibilities.
Review your estate plan regularly to reflect life changes.
fromIndependent
3 months ago
Writing

'I am leaving the farm to my nephew - and my son has been aggressive and threatening since he found out. What can I do?'

Sound legal advice is essential when navigating inheritance disputes to safeguard your wishes.
from24/7 Wall St.
1 month ago
Parenting

My uncle was caught off guard when he found out I knew he wouldn't be inheriting anything - should I have told him?

The Reddit user respected his grandmother's wishes by keeping her estate plans confidential.
more#family-dynamics
#trusts
fromSlate Magazine
5 months ago
Miscellaneous

Our Kids Are Set to Become Really Rich When We Die. We Think It's Going to Do More Harm Than Good.

Gradual distribution of wealth through a trust can prevent children from being overwhelmed by sudden wealth.
fromwww.mercurynews.com
2 weeks ago
Relationships

Asking Eric: I signed a prenup, and now I'm resenting this situation

Consider consulting an attorney to clarify your prenup and explore your husband's estate planning obligations.
fromIntelligencer
2 months ago
Parenting

The Sneaky Ways Parents Transfer Money to Their Adult Children

Wealthy parents face IRS limits on gift giving but can utilize strategies like trusts and below-market loans to transfer assets.
fromwww.nytimes.com
3 days ago
Retirement

Why Designated Beneficiaries Are Key to Your Estate Planning

Having a will and properly designated beneficiaries simplifies estate distribution and avoids complications during asset management.
fromBusiness Insider
5 days ago
SF parents

I split my $5 million assets equally between my child and stepchildren in my trust. Life is fleeting, and I want them all to be protected.

Wenjay Sung created a trust for his stepchildren and biological child to prevent probate issues.
fromBusiness Insider
1 month ago
Women

We won't know who gets Gene Hackman's reported $80 million fortune unless his 3 kids contest his will

Gene Hackman's estate may remain private unless contested since he entrusted it to his wife, Betsy Hackman, as successor trustee.
fromSlate Magazine
5 months ago
Miscellaneous

Our Kids Are Set to Become Really Rich When We Die. We Think It's Going to Do More Harm Than Good.

Gradual distribution of wealth through a trust can prevent children from being overwhelmed by sudden wealth.
fromwww.mercurynews.com
2 weeks ago
Relationships

Asking Eric: I signed a prenup, and now I'm resenting this situation

Consider consulting an attorney to clarify your prenup and explore your husband's estate planning obligations.
fromIntelligencer
2 months ago
Parenting

The Sneaky Ways Parents Transfer Money to Their Adult Children

Wealthy parents face IRS limits on gift giving but can utilize strategies like trusts and below-market loans to transfer assets.
fromwww.nytimes.com
3 days ago
Retirement

Why Designated Beneficiaries Are Key to Your Estate Planning

Having a will and properly designated beneficiaries simplifies estate distribution and avoids complications during asset management.
fromBusiness Insider
5 days ago
SF parents

I split my $5 million assets equally between my child and stepchildren in my trust. Life is fleeting, and I want them all to be protected.

Wenjay Sung created a trust for his stepchildren and biological child to prevent probate issues.
fromBusiness Insider
1 month ago
Women

We won't know who gets Gene Hackman's reported $80 million fortune unless his 3 kids contest his will

Gene Hackman's estate may remain private unless contested since he entrusted it to his wife, Betsy Hackman, as successor trustee.
more#trusts
#family-support
fromLondon Business News | Londonlovesbusiness.com
4 days ago
Retirement

How to budget for what happens after you're gone - London Business News | Londonlovesbusiness.com

Consider how your passing will affect your loved ones financially.
Plan for funeral and living costs to ease family burdens.
Investing in life insurance is crucial for future financial security.
Handle estate plans wisely to manage asset distribution effectively.
from24/7 Wall St.
1 month ago
Retirement

How to Create a 'Death File' to Support Your Family in Difficult Times

Creating a death file is essential for simplifying the process for loved ones after death.
fromLondon Business News | Londonlovesbusiness.com
4 days ago
Retirement

How to budget for what happens after you're gone - London Business News | Londonlovesbusiness.com

Consider how your passing will affect your loved ones financially.
Plan for funeral and living costs to ease family burdens.
Investing in life insurance is crucial for future financial security.
Handle estate plans wisely to manage asset distribution effectively.
from24/7 Wall St.
1 month ago
Retirement

How to Create a 'Death File' to Support Your Family in Difficult Times

Creating a death file is essential for simplifying the process for loved ones after death.
more#family-support
#inheritance
Retirement
from24/7 Wall St.
1 month ago

My Sister Wants a Share of My $4 Million Retirement, What Are My Options?

Inheritance can lead to family conflict when siblings are treated unequally, highlighting the importance of open conversations about estate planning.
Parenting
from24/7 Wall St.
1 month ago

I'm 63 and my children and grandchildren have greatly disappointed me and I don't want to leave them any inheritance

Inheritance decisions are personal and not obligatory to family members.
Without a clear estate plan, assets may go to relatives by default.
Real estate
from24/7 Wall St.
1 month ago

My deadbeat uncle is squatting in a house I inherited - should we evict him?

Inheritance disputes can lead to conflicts among heirs, particularly when one party refuses to leave inherited property.
fromBusiness Insider
3 months ago
Writing

I handled inheritances all the time as an elder lawyer. Receiving my own made me less afraid of retirement - but I wasn't prepared for the guilt.

Inheritance can bring both financial gain and emotional turmoil, especially for self-made individuals.
fromSan Francisco Bay Times
1 week ago
Retirement

Probate Horror Stories: Lessons You Don't Want to Learn the Hard Way - San Francisco Bay Times

Effective estate planning through living trusts can prevent the costly and lengthy probate process for families.
fromwww.theguardian.com
4 months ago
Writing

Writing my will sent me into an existential spiral

The author reflects on the emotional burdens and political reality surrounding estate planning and inheritance responsibilities as parents.
Retirement
from24/7 Wall St.
1 month ago

My Sister Wants a Share of My $4 Million Retirement, What Are My Options?

Inheritance can lead to family conflict when siblings are treated unequally, highlighting the importance of open conversations about estate planning.
Parenting
from24/7 Wall St.
1 month ago

I'm 63 and my children and grandchildren have greatly disappointed me and I don't want to leave them any inheritance

Inheritance decisions are personal and not obligatory to family members.
Without a clear estate plan, assets may go to relatives by default.
Real estate
from24/7 Wall St.
1 month ago

My deadbeat uncle is squatting in a house I inherited - should we evict him?

Inheritance disputes can lead to conflicts among heirs, particularly when one party refuses to leave inherited property.
fromBusiness Insider
3 months ago
Writing

I handled inheritances all the time as an elder lawyer. Receiving my own made me less afraid of retirement - but I wasn't prepared for the guilt.

Inheritance can bring both financial gain and emotional turmoil, especially for self-made individuals.
fromSan Francisco Bay Times
1 week ago
Retirement

Probate Horror Stories: Lessons You Don't Want to Learn the Hard Way - San Francisco Bay Times

Effective estate planning through living trusts can prevent the costly and lengthy probate process for families.
fromwww.theguardian.com
4 months ago
Writing

Writing my will sent me into an existential spiral

The author reflects on the emotional burdens and political reality surrounding estate planning and inheritance responsibilities as parents.
more#inheritance
#legal-battles
fromTechCrunch
1 week ago
Silicon Valley real estate

Mystery will may reveal Zappos founder's final wishes | TechCrunch

Tony Hsieh's latest will reveals his plans for estate distribution, contradicting prior beliefs about his lack of instructions.
fromIndependent
4 months ago
Miscellaneous

Left out of daddy's will? What you need to know about contesting a will and the costs involved

Contesting a will can be complex; weigh potential benefits against diverse costs before proceeding.
fromTechCrunch
1 week ago
Silicon Valley real estate

Mystery will may reveal Zappos founder's final wishes | TechCrunch

Tony Hsieh's latest will reveals his plans for estate distribution, contradicting prior beliefs about his lack of instructions.
fromIndependent
4 months ago
Miscellaneous

Left out of daddy's will? What you need to know about contesting a will and the costs involved

Contesting a will can be complex; weigh potential benefits against diverse costs before proceeding.
more#legal-battles
Retirement
from24/7 Wall St.
2 weeks ago

Creating a 'Death File': How I Prepared My Family for the Inevitable

Preparing for death can ease the burden on loved ones.
Creating a 'death file' helps organize essential documents.
#retirement-planning
Retirement
from24/7 Wall St.
2 weeks ago

These Are the Biggest Retirement Mistakes Social Security Can't Fix

Retirement planning must encompass more than Social Security for true security and comfort.
fromSan Francisco Bay Times
4 months ago
SF LGBT

Estate Planning Resolutions for 2025 - San Francisco Bay Times

The beginning of the year is key for updating your estate plan and setting resolutions for 2025.
Retirement
from24/7 Wall St.
2 weeks ago

These Are the Biggest Retirement Mistakes Social Security Can't Fix

Retirement planning must encompass more than Social Security for true security and comfort.
fromSan Francisco Bay Times
4 months ago
SF LGBT

Estate Planning Resolutions for 2025 - San Francisco Bay Times

The beginning of the year is key for updating your estate plan and setting resolutions for 2025.
more#retirement-planning
#financial-planning
from24/7 Wall St.
6 months ago
Business

The Tax Benefits of Life Insurance You Shouldn't Overlook

Life insurance provides not only financial support after death but also key tax benefits for policyholders during their lifetime.
fromFortune
5 months ago
Miscellaneous

Why millennials and Gen Z should have an estate plan

Estate planning benefits individuals of all ages and asset levels, especially young adults starting their financial journey.
fromFortune
5 months ago
Miscellaneous

Why a money talk could be the 'best gift you give your family' this holiday season

Discussing finances during family gatherings can promote essential understanding of wealth transfer and financial planning.
from24/7 Wall St.
6 months ago
Business

The Tax Benefits of Life Insurance You Shouldn't Overlook

Life insurance provides not only financial support after death but also key tax benefits for policyholders during their lifetime.
fromFortune
5 months ago
Miscellaneous

Why millennials and Gen Z should have an estate plan

Estate planning benefits individuals of all ages and asset levels, especially young adults starting their financial journey.
fromFortune
5 months ago
Miscellaneous

Why a money talk could be the 'best gift you give your family' this holiday season

Discussing finances during family gatherings can promote essential understanding of wealth transfer and financial planning.
more#financial-planning
#inheritance-disputes
from247wallst.com
3 months ago
Miscellaneous

My sister manipulated my mom to pay off her $33k credit card debt before she died. How can I deduct that from her inheritance?

Financial support to one sibling over another can lead to disputes and strained relationships among family members.
fromBrooklyn Eagle
1 month ago
NYC politics

Brooklyn Columbian Lawyers' April CLE tackles 'Estate Battles and Guardianship Nightmares'

Blended families present unique legal challenges in estate battles and guardianship issues requiring nuanced approaches.
from247wallst.com
3 months ago
Miscellaneous

My sister manipulated my mom to pay off her $33k credit card debt before she died. How can I deduct that from her inheritance?

Financial support to one sibling over another can lead to disputes and strained relationships among family members.
fromBrooklyn Eagle
1 month ago
NYC politics

Brooklyn Columbian Lawyers' April CLE tackles 'Estate Battles and Guardianship Nightmares'

Blended families present unique legal challenges in estate battles and guardianship issues requiring nuanced approaches.
more#inheritance-disputes
#gene-hackman
fromNew York Post
1 month ago
NYC parents

Gene Hackman's kids not mentioned in his will - here's what could happen to his $80M fortune

Gene Hackman's fortune is reportedly not going to his children as he excluded them from his will.
fromwww.mercurynews.com
1 month ago
SF parents

Gene Hackman left children money in trusts, report says

Gene Hackman's children are not estranged and were in regular contact before his death, countering speculation of a legal dispute over his estate.
fromABC7 Los Angeles
1 month ago
NYC politics

New details about Gene Hackman's death could impact his estate

New details in the deaths of Gene Hackman and Betsy Arakawa may influence estate handling due to updated timelines of their passing.
fromNew York Post
1 month ago
NYC parents

Gene Hackman's kids not mentioned in his will - here's what could happen to his $80M fortune

Gene Hackman's fortune is reportedly not going to his children as he excluded them from his will.
fromwww.mercurynews.com
1 month ago
SF parents

Gene Hackman left children money in trusts, report says

Gene Hackman's children are not estranged and were in regular contact before his death, countering speculation of a legal dispute over his estate.
fromABC7 Los Angeles
1 month ago
NYC politics

New details about Gene Hackman's death could impact his estate

New details in the deaths of Gene Hackman and Betsy Arakawa may influence estate handling due to updated timelines of their passing.
more#gene-hackman
fromwww.cbc.ca
1 month ago
Canada news

Canadian director Norman Jewison's sons alleged his wife cut off contact, coerced him to change his will | CBC News

Allegations of elder abuse and family conflict emerged following director Norman Jewison's passing, highlighting common issues faced when dealing with elderly loved ones' estates.
#probate
Real estate
fromSFGATE
1 month ago

What Is a Lady Bird Deed and Why Does Suze Orman Recommend Homeowners Look Into One?

Understanding the options for transferring property upon death is crucial for homeowners.
Lady bird deeds offer a simple probate-avoidance option for transferring ownership.
from24/7 Wall St.
5 months ago
Miscellaneous

This Is How The Wealthy Plan For Death, But Anyone Can Do It

Everyone with assets should consult a lawyer to create a trust or will to avoid probate and ensure tax-efficient asset transfer.
fromSan Francisco Bay Times
1 month ago
SF LGBT

The Hidden Benefits of a Living Trust (and Why It's Important for Every Family) - San Francisco Bay Times

A living trust provides significant advantages over a will, especially for diverse family units seeking privacy and control over asset distribution.
Real estate
fromSFGATE
1 month ago

What Is a Lady Bird Deed and Why Does Suze Orman Recommend Homeowners Look Into One?

Understanding the options for transferring property upon death is crucial for homeowners.
Lady bird deeds offer a simple probate-avoidance option for transferring ownership.
from24/7 Wall St.
5 months ago
Miscellaneous

This Is How The Wealthy Plan For Death, But Anyone Can Do It

Everyone with assets should consult a lawyer to create a trust or will to avoid probate and ensure tax-efficient asset transfer.
fromSan Francisco Bay Times
1 month ago
SF LGBT

The Hidden Benefits of a Living Trust (and Why It's Important for Every Family) - San Francisco Bay Times

A living trust provides significant advantages over a will, especially for diverse family units seeking privacy and control over asset distribution.
more#probate
#inheritance-tax
fromBusiness Matters
1 month ago
Intellectual property law

Inheritance tax receipts surge to 7 billion in just ten months, says HMRC

Inheritance tax receipts are rising significantly, indicating more estates are becoming liable as housing prices increase.
Current thresholds for inheritance tax have remained unchanged, leading to more estates facing taxation.
Effective estate planning is becoming complex due to shrinking reliefs and rising asset values.
fromYahoo Finance
5 months ago
Miscellaneous

The inheritance tax rules you need to know to avoid paying a bill

Pensions will be subject to inheritance tax starting in 2027, affecting estate planning for families.
fromLondon Business News | Londonlovesbusiness.com
5 months ago
Miscellaneous

Farmers fearful of inheritance tax rises can act now to protect their legacy for the next generation - London Business News | Londonlovesbusiness.com

Farmers should proactively address potential increased Inheritance Tax liabilities stemming from changes to Agricultural Property Relief, effective from April 2026.
fromBusiness Matters
1 month ago
Intellectual property law

Inheritance tax receipts surge to 7 billion in just ten months, says HMRC

Inheritance tax receipts are rising significantly, indicating more estates are becoming liable as housing prices increase.
Current thresholds for inheritance tax have remained unchanged, leading to more estates facing taxation.
Effective estate planning is becoming complex due to shrinking reliefs and rising asset values.
fromYahoo Finance
5 months ago
Miscellaneous

The inheritance tax rules you need to know to avoid paying a bill

Pensions will be subject to inheritance tax starting in 2027, affecting estate planning for families.
fromLondon Business News | Londonlovesbusiness.com
5 months ago
Miscellaneous

Farmers fearful of inheritance tax rises can act now to protect their legacy for the next generation - London Business News | Londonlovesbusiness.com

Farmers should proactively address potential increased Inheritance Tax liabilities stemming from changes to Agricultural Property Relief, effective from April 2026.
more#inheritance-tax
SF real estate
fromSFGATE
1 month ago

The Trick To Avoid Paying Capital Gains Tax on Your Second Home

Without an estate plan, selling a second home could lead to significant capital gains tax liabilities.
#financial-security
fromBusiness Matters
6 months ago
Miscellaneous

Montreal Insurance: Protecting Your Business, Family, and Legacy

Building wealth is only half the battle; protecting it, especially with life insurance, is equally crucial.
fromSan Francisco Bay Times
3 months ago
SF LGBT

Kickstart 2025 With 5 Estate Planning Resolutions to Secure Your Future - San Francisco Bay Times

Estate planning resolutions are vital for ensuring future peace of mind.
fromBusiness Matters
6 months ago
Miscellaneous

Montreal Insurance: Protecting Your Business, Family, and Legacy

Building wealth is only half the battle; protecting it, especially with life insurance, is equally crucial.
fromSan Francisco Bay Times
3 months ago
SF LGBT

Kickstart 2025 With 5 Estate Planning Resolutions to Secure Your Future - San Francisco Bay Times

Estate planning resolutions are vital for ensuring future peace of mind.
more#financial-security
#legal-advice
fromIndependent
6 months ago
Writing

'I was pressured into transferring our family farm to our son before my husband died - and our daughters got nothing. I feel guilty. What can I do?'

Navigating farm asset transfer post-death can involve legal complexities regarding consent and rights.
from24/7 Wall St.
3 months ago
Miscellaneous

My multimillionaire father is on his deathbed and his cousin is trying to manipulate him into making him the sole beneficiary in his will

Undue influence can invalidate an estate plan, but the Redditor needs evidence to support claims against his father's cousin.
fromIndependent
6 months ago
Writing

'I was pressured into transferring our family farm to our son before my husband died - and our daughters got nothing. I feel guilty. What can I do?'

Navigating farm asset transfer post-death can involve legal complexities regarding consent and rights.
from24/7 Wall St.
3 months ago
Miscellaneous

My multimillionaire father is on his deathbed and his cousin is trying to manipulate him into making him the sole beneficiary in his will

Undue influence can invalidate an estate plan, but the Redditor needs evidence to support claims against his father's cousin.
more#legal-advice
fromEntrepreneur
3 months ago
Miscellaneous

Many Boomers Hesitant to Transfer Wealth: Charles Schwab | Entrepreneur

Boomers prefer to use their wealth for enjoyment during their lifetime, unlike younger generations who lean towards wealth sharing.
#financial-advice
Miscellaneous
from24/7 Wall St.
6 months ago

Suze Orman says this "insanely important and impactful bit of advice" can be done in just 30 minutes

Creating a will and other estate planning documents is essential to protect loved ones and avoid legal complexities.
Over half of Americans die without a will, leading to probate issues.
from24/7 Wall St.
3 months ago
Miscellaneous

My parents want to disperse $200k of her inheritance early to my sister. I don't think this is fair at all - what can I tell them to reconsider?

Unequal financial treatment among siblings can create conflict.
Honest communication about financial matters is necessary to prevent disputes.
Any early asset distributions should be clearly accounted for in estate planning.
Miscellaneous
from24/7 Wall St.
6 months ago

Suze Orman says this "insanely important and impactful bit of advice" can be done in just 30 minutes

Creating a will and other estate planning documents is essential to protect loved ones and avoid legal complexities.
Over half of Americans die without a will, leading to probate issues.
from24/7 Wall St.
3 months ago
Miscellaneous

My parents want to disperse $200k of her inheritance early to my sister. I don't think this is fair at all - what can I tell them to reconsider?

Unequal financial treatment among siblings can create conflict.
Honest communication about financial matters is necessary to prevent disputes.
Any early asset distributions should be clearly accounted for in estate planning.
more#financial-advice
fromwww.mercurynews.com
6 months ago
East Bay (California)

Jill On Money: Yes, everybody needs a will

Estate planning is essential for everyone and not just the wealthy, as it addresses meaningful possessions and end-of-life decisions.
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