Money Talks, So Should You

Family Inheritance

The Latest

  • August 23, 2013

    Recently, my grandmother passed away at the young age of 73. During this time, I learned very quickly the importance of preparing—both emotionally and financially—for death.

    Emotionally, my entire family was a mess. My grandmother had four...

  • May 16, 2013

    This is a tricky question because state laws differ so much. Compounding the problem is that most states don’t even pay much attention to who inherits guns unless the heir gets into trouble. Then — if possession turns out to be illegal — he or...

  • February 13, 2013

    NEW YORK (MainStreet) — Married Americans over the age of 50 are splitting up at a record pace, and that presents them with a unique number of problems and challenges.

    According to a...

  • January 31, 2013

    When Shirlee Smith left one of her four daughters out of her will, she was not trying to be mean.

    The Pasadena, California, resident says the 44-year-old daughter she disinherited is a college graduate and has a good job and a husband whose...

  • January 29, 2013

    Not necessarily, but there are some specific moves that can ensure that most assets pass automatically to the spouse. Everything that can be titled jointly -- as in that unwieldy phrase, “joint tenants with rights of survivorship” or JTWROS --...

  • January 28, 2013

    There is not a parent of young children who does not agonize over this decision. Outside of you and your spouse, there is never a perfect choice. One parent thinks his sister would be perfect, even if she lives in a commune outside of Reno. The...

  • November 12, 2012

    You have our sympathy. We're not going to recommend watching “The Bucket List,” because Jack Nicholson hasn't done a good movie since “The Departed” and because no amount of feel-good schmaltz can paper over the serious questions you have to...

  • November 5, 2012

    Last week, an appeals court in New York ruled that a law defining marriage as a union between a man and a woman is unconstitutional. Under the Defense of Marriage Act (DOMA), the United States cannot recognize marriages between same-sex couples...

  • November 1, 2012

    While we can't control nature or the ravages of climate change, there are things you can do to safeguard your financial future. True catastrophic coverage is comprehensive and protects more than your assets; it protects your well being in the...

  • October 30, 2012

    A revocable life insurance trust is a trust that is funded, at least in part, by life insurance policies or proceeds. It can be an effective planning tool...