The passing of a loved one is both devastating and trying. It presents the time to mourn and celebrate the person’s life, to gather with family and friends, and to organize any assets that have been left behind. A significant factor of this involves the home, where the real estate of a deceased individual gets …
“It is not certain, though, whether the risk comes from the environment or genetics. There does appear to be a higher risk if other family members have been diagnosed with Alzheimer’s or Dementia. There is much research being done about Alzheimer’s and they may find that answer. With the baby-boo...
Transferring the title of a home from one person to another may seem simple but it could have a significant tax implication. When a pers...
During times of grief, family members often become overwhelmed and make quick decisions about inheritance details they don’t understand.
Some wealthy parents are concerned that after a certain point, money passed down will be damaging to the next generation.
Wealth coaches and financial advisers talk about how to avoid some uncomfortable situations.
When you buy an investment property, sometimes it will come with tenants already in place. These tenants can be a good thing as your new purchase will be immediately generating income. But, these tenants can also be a bad thing because you really have no i
Inherited IRAs and Bankruptcy
Thank you to Carolyn Lloyd LLC/Preferred Pensions LLC for this article. Visit them at www.lloyd-cohen.com
Background
Since the enactment of the Bankruptcy Abuse...
I was initially unsure about our new rental house, but as we've painted and stripped and cleaned, I've definitely developed a soft spot for it
Inherited retirement accounts can be a financial windfall, but navigating the potential tax breaks and consequences to your—or your heir’s—best benefit can be tricky.
Saxon Kennedy (age 13) AN INHERITANCE: A SESTINA I am heir to a dream I have dreamt before When the air feels so light in my lungs When the ground lifts me up to grasp at wanton stars When the sky …
OCTOBER 1994, YALE UNIVERSITY, NEW HAVEN, CT
EDITED BY HILDEGARDE HANNUM
The following essay, which appeared in Technology Review (Volume 97 Issue 7, Oct. 1994 Pages 30 - 36), is published here, with minor changes, in place of the lecture delivered at the Fourteenth Annual E. F. Schumacher Lectures in October 1994. We acknowledge the kind permission of Technology Review to reprint this essay
A variety…
“Survival of the fittest” is how Patrick Makokoro jokingly described his childhood with a smile, only he wasn’t exactly joking. A handsome father with a friendly and earnest demeanor, Patrick is an…
Gloria Vanderbilt was reportedly worth around $200 million at the time of her death. Here’s why she may not will it to her sons.
Too meaningful to toss but too hideous, precious or unusual to display? These ideas can help
It is common knowledge that George Washington did not have any children with his wife, Martha. So who inherited the Washington family heirlooms? The answer, in part, can be found in Martha Washington's will.
One Family Radio listener and believer in the doomsday predictions spread by its leader, Harold Camping, donated her entire estate -- $300,000 -- to the radio station.
After someone dies, contacting the homeowners insurance company is the last thing people think about. Consumer Reports explains why it should be on your list of priorities.
William Fargason UPON RECEIVING MY INHERITANCE I said Thank You father for giving me this disease that will one day bind my bones together at each joint Thank You genetics for passing this down to …
FOX Business Network host Jamie Colby shares the top 7 things to do when you inherit a home. Don't miss her new show, Strange Inheritance, debuting Jan 26.