Tips to Ease Inheritance Worries for You and Your Heirs

The steps below may help you and your heirs gain confidence that the wealth transfer can go smoothly.

Five Strategies to Keep Your Heirs From Blowing Their Inheritance

Although assets usually pass directly to your heirs, bypassing probate, a revocable trust won't spare you from estate taxes. If that's your main goal, then an ...

7 Inheritance Mistakes and How to Avoid Them - AARP

A trust comes in handy here. It's a legal document that lets you specify how you want your assets distributed after your demise. It's ideal for ...

Worried Your Heirs Will Blow Their Inheritance? Make a Plan

In reality, they're an excellent option for almost anyone with an estate to pass on. Trusts provide several tools to help you accomplish your ...

What's the best way to prepare your heirs to receive an inheritance?

Sharing your plans and goals for your heirs can secure your legacy and help preserve the wealth you've accumulated for multiple generations.

Passing an Inheritance to Children: What You Must Do First

How to Leave Your Legacy · Gift Assets · Create a Trust · Defer Income · Life Insurance or Tax-Deferred Variable Annuities.

How to guard against problems for your heirs - MassMutual Blog

Every good plan has a contingency plan. You've named your first choices to inherit your assets and unwind your estate, but those people might ...

Preparing Your Heirs for an Inheritance: Key Questions to Help Ease ...

Do they know what's in your estate plans? Your family and other heirs will be much better prepared to deal with an inheritance if they know what ...

Estate Planning Tips to Keep Your Money in the Family

If you have a sizable estate or are worried your heirs won't be wise with your money, you can set up a trust and appoint a trustee to ...

Tips for creating an inheritance that lasts generations - Lakeland, FL

Preparing your heirs for sudden wealth can help prevent unwise spending. If you have wealth to transfer, you may worry about the sometimes ...

Inheritance Conversations: Dividing Assets Among Your Heirs

Inheritance conversations help you manage their expectations about your estate plan and listen to their views. Unless you ask, you cannot know ...

5 Strategies to Keep Your Heirs From Blowing Their Inheritance

Make sure that you have hired a good financial advisor, accountant, and estate planning attorney. These people will be able to address any ...

What to Do After Receiving an Inheritance: 5 Questions to Ask

Most heirs face many complex decisions — and potential tax consequences. These insights can help you avoid common mistakes and make more informed choices ...

10 Ways to Help Ensure Your Assets Transfer Smoothly to Your Heirs

Communicate to your heirs what your ideas are for how they might spend the inheritance. Gather their feedback and then respond accordingly.

How Much Is Too Much To Leave My Heirs? - Charles Schwab

When possible, having candid conversations about the family's history, values, and intentions can help heirs start to view their inheritance not ...

Preparing Your Heirs for Their Inheritance - Baird Wealth

At some point during these conversations, make sure your family knows where and how to access your estate planning documents. By doing this, you ...

What to do about an irresponsible heir - TIAA

You and your attorney can structure a spendthrift trust so Tom will get monthly income from the trust—maybe $2,500 a month—along with oversight from a trustee ...

Tips for Preparing Heirs for Inherited Wealth - Lighthouse Financial

Open the Lines of Communication. Discussing wealth openly with your heirs can significantly alleviate fears and misunderstandings. Initiate ...

6 Tips To help Prepare Your Adult Children For Inherited Wealth

In this video, I share six must-know tips to help prepare adult children for inherited wealth. I emphasise the importance of reviewing your ...

How Much Should You Leave to Your Heirs? - Commerce Trust

⦁ Of those surveyed, 76% plan to leave an inheritance, 67% worry about leaving too much of their wealth to heirs, and 56% have concerns an ...