#estate-planning

[ follow ]
#living-trusts
fromSan Francisco Bay Times
2 days 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.
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.
fromSan Francisco Bay Times
2 days 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.
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#living-trusts
#philanthropy
Miscellaneous
fromBusiness Insider
5 months ago

Warren Buffett just published a mini letter about his plans to give his billions away, his kids - and how lucky he's been

Warren Buffett is gifting $1.2 billion in Berkshire stock to family foundations, highlighting his commitment to philanthropy and responsible estate planning.
fromTechCrunch
6 days 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.
Miscellaneous
fromBusiness Insider
5 months ago

Warren Buffett just published a mini letter about his plans to give his billions away, his kids - and how lucky he's been

Warren Buffett is gifting $1.2 billion in Berkshire stock to family foundations, highlighting his commitment to philanthropy and responsible estate planning.
fromTechCrunch
6 days 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.
more#philanthropy
fromHackernoon
2 years ago
Artificial intelligence

5 Predictions for the Future of AI in Estate Planning | HackerNoon

AI is set to revolutionize estate planning through improved document generation, asset valuation, and ongoing legal monitoring.
#financial-planning
fromwww.mercurynews.com
1 week 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.
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.
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
4 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.
fromwww.mercurynews.com
1 week 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.
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.
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
4 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
#grief-management
from24/7 Wall St.
1 month ago
Retirement

My stepmom stole our inheritance without telling us and now we want to reclaim it - are we being too harsh?

Inheritance claims should be pursued without hesitation, especially if proper estate planning is unclear.
from24/7 Wall St.
1 week ago
Retirement

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.
from24/7 Wall St.
1 month ago
Retirement

My stepmom stole our inheritance without telling us and now we want to reclaim it - are we being too harsh?

Inheritance claims should be pursued without hesitation, especially if proper estate planning is unclear.
from24/7 Wall St.
1 week ago
Retirement

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.
more#grief-management
#retirement-planning
Retirement
from24/7 Wall St.
1 week 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.
from24/7 Wall St.
5 months ago
Business

I have a large 401k balance and when I retire I want to take the entire balance and pay taxes on it - is this a smart idea?

Evaluate pros and cons of withdrawing retirement funds in a lump sum versus gradually rolling over to a Roth IRA.
from24/7 Wall St.
5 months ago
Business

We're 50 with $1 million in a IRA and want to convert it to a Roth - should we do it now or wait until 65?

Converting IRA funds to a Roth account early can optimize tax benefits and enhance long-term savings.
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.
1 week 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.
from24/7 Wall St.
5 months ago
Business

I have a large 401k balance and when I retire I want to take the entire balance and pay taxes on it - is this a smart idea?

Evaluate pros and cons of withdrawing retirement funds in a lump sum versus gradually rolling over to a Roth IRA.
from24/7 Wall St.
5 months ago
Business

We're 50 with $1 million in a IRA and want to convert it to a Roth - should we do it now or wait until 65?

Converting IRA funds to a Roth account early can optimize tax benefits and enhance long-term savings.
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
#wills
Retirement
from24/7 Wall St.
1 month ago

Leave a Legacy, Not a Mess: Why Every Retiree Needs an Estate Plan

Thoughtful estate planning prevents burdensome processes like probate for heirs.
Using a trust instead of a will can save time and protect privacy.
fromBusiness Matters
2 weeks ago
Digital life

Digital assets and wills: what happens to your online accounts when you die?

Digital assets need to be included in estate planning to avoid complications after death.
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.
from24/7 Wall St.
1 month ago
Mental health

They died without a will - are these two nephews going to end up with 10% of the estate?

Not having a will can create issues for surviving family members when distributing an estate.
Estate planning is crucial to clarify asset distribution and prevent confusion among heirs.
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.
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.
Retirement
from24/7 Wall St.
1 month ago

Leave a Legacy, Not a Mess: Why Every Retiree Needs an Estate Plan

Thoughtful estate planning prevents burdensome processes like probate for heirs.
Using a trust instead of a will can save time and protect privacy.
fromBusiness Matters
2 weeks ago
Digital life

Digital assets and wills: what happens to your online accounts when you die?

Digital assets need to be included in estate planning to avoid complications after death.
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.
from24/7 Wall St.
1 month ago
Mental health

They died without a will - are these two nephews going to end up with 10% of the estate?

Not having a will can create issues for surviving family members when distributing an estate.
Estate planning is crucial to clarify asset distribution and prevent confusion among heirs.
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.
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#wills
#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
3 weeks 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
3 weeks 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
fromwww.mercurynews.com
4 weeks 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.
fromwww.mercurynews.com
4 weeks 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
4 weeks 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.
#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
1 month ago
Mental health

Asking Eric: Is it ethical to cut him from my will because he's in a cult?

You can ethically exclude a family member from your will for any reason, including their cult membership.
fromIndependent
2 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.
fromSlate Magazine
4 months ago
Miscellaneous

My Brother Thinks I "Deserve to Be Poor" for My Life Choices. Now He's in Charge of Our Inheritance.

Discuss your parents' estate planning to understand their decisions and protect your interests regarding your brother's role as executor.
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
1 month ago
Mental health

Asking Eric: Is it ethical to cut him from my will because he's in a cult?

You can ethically exclude a family member from your will for any reason, including their cult membership.
fromIndependent
2 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.
fromSlate Magazine
4 months ago
Miscellaneous

My Brother Thinks I "Deserve to Be Poor" for My Life Choices. Now He's in Charge of Our Inheritance.

Discuss your parents' estate planning to understand their decisions and protect your interests regarding your brother's role as executor.
more#family-dynamics
#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
#divorce
Retirement
from24/7 Wall St.
1 month ago

After Becoming Fantastically Wealthy in Our 30s, Ready to Retire, My Wife Wants to Divorce

Financial independence can be achieved much earlier than average, but personal circumstances can significantly impact those plans.
The Redditor's unexpected divorce highlights the importance of financial and legal planning, particularly in high-stakes situations.
fromNew York Post
6 months ago
Miscellaneous

Estranged wife of 'destitute' private-equity big gripes about $10G monthly allowance

John H. Foster's wife claims he drastically reduced her monthly allowance during divorce proceedings, raising issues of financial control and abuse in marriages.
Retirement
from24/7 Wall St.
1 month ago

After Becoming Fantastically Wealthy in Our 30s, Ready to Retire, My Wife Wants to Divorce

Financial independence can be achieved much earlier than average, but personal circumstances can significantly impact those plans.
The Redditor's unexpected divorce highlights the importance of financial and legal planning, particularly in high-stakes situations.
fromNew York Post
6 months ago
Miscellaneous

Estranged wife of 'destitute' private-equity big gripes about $10G monthly allowance

John H. Foster's wife claims he drastically reduced her monthly allowance during divorce proceedings, raising issues of financial control and abuse in marriages.
more#divorce
#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.
from24/7 Wall St.
1 month ago
Parenting

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.
from24/7 Wall St.
1 month ago
Real estate

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.
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.
Writing
fromBusiness Insider
3 months ago

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.
Writing
fromwww.theguardian.com
3 months ago

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.
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.
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.
fromwww.theguardian.com
3 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
#financial-advice
fromSFGATE
1 month ago
Real estate

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.
6 months ago
Miscellaneous

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.
2 months ago
Miscellaneous

I have $4 million in savings - will my kids get slapped with a huge tax bill when they inherit my money?

Transferring funds from a traditional IRA to a brokerage account can effectively lower heirs' tax liabilities.
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.
from24/7 Wall St.
6 months ago
Miscellaneous

The 7 Most Common Signs You Need a Family Trust

Family trusts simplify asset management and inheritance, particularly for complex financial situations.
from24/7 Wall St.
5 months ago
Business

I'm 62 and worth millions - how can I give more to my kids without getting slammed on taxes?

Strategic gifting can be planned to minimize taxes related to death and gifts, as demonstrated in a recent financial advice scenario.
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.
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.
2 months ago
Miscellaneous

I have $4 million in savings - will my kids get slapped with a huge tax bill when they inherit my money?

Transferring funds from a traditional IRA to a brokerage account can effectively lower heirs' tax liabilities.
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.
from24/7 Wall St.
6 months ago
Miscellaneous

The 7 Most Common Signs You Need a Family Trust

Family trusts simplify asset management and inheritance, particularly for complex financial situations.
from24/7 Wall St.
5 months ago
Business

I'm 62 and worth millions - how can I give more to my kids without getting slammed on taxes?

Strategic gifting can be planned to minimize taxes related to death and gifts, as demonstrated in a recent financial advice scenario.
more#financial-advice
#real-estate
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.
fromSan Francisco Bay Times
5 months ago
SF LGBT

Year-End Estate Planning Checklist: What to Update Before 2025 - San Francisco Bay Times

Regularly update your estate plan annually to reflect significant life changes and current wishes.
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.
fromSan Francisco Bay Times
5 months ago
SF LGBT

Year-End Estate Planning Checklist: What to Update Before 2025 - San Francisco Bay Times

Regularly update your estate plan annually to reflect significant life changes and current wishes.
more#real-estate
#wills-and-trusts
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.
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.
more#wills-and-trusts
#wealth-transfer
fromFortune
5 months ago
Miscellaneous

Warren Buffett issues a warning for all parents ahead of the $84 trillion Great Wealth Transfer

Effective estate planning requires open discussions to prevent future family conflicts, warns Warren Buffett.
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.
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.
fromFortune
5 months ago
Miscellaneous

Warren Buffett issues a warning for all parents ahead of the $84 trillion Great Wealth Transfer

Effective estate planning requires open discussions to prevent future family conflicts, warns Warren Buffett.
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.
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.
more#wealth-transfer
#financial-security
fromBusiness Matters
3 months ago
Miscellaneous

Choosing the Right Coverage: Permanent Life Insurance vs Term Life Insurance

Life insurance is crucial for securing financial futures but requires careful consideration in choosing the appropriate plan.
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
2 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
3 months ago
Miscellaneous

Choosing the Right Coverage: Permanent Life Insurance vs Term Life Insurance

Life insurance is crucial for securing financial futures but requires careful consideration in choosing the appropriate plan.
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
2 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.
2 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.
fromBusiness Matters
3 months ago
Miscellaneous

Does a Binding Financial Agreement Override a Will in Australia?

A Binding Financial Agreement (BFA) does not automatically override a will.
BFAs govern property division during separation, while wills distribute assets upon death.
Conflicts between a BFA and a will may lead to legal challenges.
Proper estate planning ensures both documents work together harmoniously.
Seeking legal advice can help avoid unintended consequences.
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.
2 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.
fromBusiness Matters
3 months ago
Miscellaneous

Does a Binding Financial Agreement Override a Will in Australia?

A Binding Financial Agreement (BFA) does not automatically override a will.
BFAs govern property division during separation, while wills distribute assets upon death.
Conflicts between a BFA and a will may lead to legal challenges.
Proper estate planning ensures both documents work together harmoniously.
Seeking legal advice can help avoid unintended consequences.
more#legal-advice
from24/7 Wall St.
3 months ago
Digital life

I'm wealthy but have no family - Is it weird to leave my fortune to my friends?

You have the right to leave your wealth to friends instead of family if you choose.
fromwww.theguardian.com
3 months ago
Miscellaneous

My sibling and I are Dad's executors but we've fallen out badly

Barclays requires joint executor consent to release estate funds, complicating access to inheritance and making administrative processes challenging in case of sibling disputes.
#wealth-management
Miscellaneous
fromBusiness Insider
4 months ago

The Senate is targeting life-insurance policies that allow the rich to pass down everything from stocks to yachts to their kids tax-free. Here's how it works.

Private-placement life insurance allows ultra-wealthy individuals to avoid estate taxes and significantly cut tax bills, with potential legislative changes on the horizon.
fromEntrepreneur
4 months ago
Miscellaneous

How I Secured My Family's Financial Future Through a Trust | Entrepreneur

Trusts can ensure your assets benefit future generations and avoid probate and estate taxes.
Creating a trust helps maintain privacy, efficiency, and growth of wealth.
Miscellaneous
fromBusiness Insider
4 months ago

The Senate is targeting life-insurance policies that allow the rich to pass down everything from stocks to yachts to their kids tax-free. Here's how it works.

Private-placement life insurance allows ultra-wealthy individuals to avoid estate taxes and significantly cut tax bills, with potential legislative changes on the horizon.
fromEntrepreneur
4 months ago
Miscellaneous

How I Secured My Family's Financial Future Through a Trust | Entrepreneur

Trusts can ensure your assets benefit future generations and avoid probate and estate taxes.
Creating a trust helps maintain privacy, efficiency, and growth of wealth.
more#wealth-management
fromBusiness Insider
4 months ago
Miscellaneous

Wills, life insurance, and retirement savings: What older widows wish they knew

Older Americans often face significant financial regrets after losing spouses, especially regarding estate planning like wills and life insurance.
Law
fromAbove the Law
5 months ago

How Can Attorneys Help LGTBQ+ Families With Post-Election Panic?

Proactive legal planning is crucial for the LGBTQ+ community amidst uncertain political shifts.
fromIndependent
6 months ago
Miscellaneous

Your personal finance questions: Is it true my mum can't sell her home, as probate wasn't granted after dad's death?

Jointly owned properties may require probate if the deceased's name remains on the title deed.
It is important to consult legal professionals regarding property sales and probate requirements.
fromSan Francisco Bay Times
6 months ago
SF LGBT

Choosing the Right Trustee: Why a Professional Might Be the Best Choice - San Francisco Bay Times

Choosing a competent trustee is critical for successful estate planning and asset management.
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