What is the standard way that divorced parents with new partners (who also have children) organise their wills? [more inside]
My father died and left me and my sister his house. He willed her 2/3 and me 1/3. She's currently living in the house and I am not. I would like my 1/3 in money so I can buy my own place. My sister is not willing to hand over the cash and says she will put the house on the market next year. We do have a really good relationship when it comes to anything other than money, meaning I don't push the issue because she reacts unfavorably. What are my options?
some years back my father was re-married before his death. my father did not have a will in place and i am his only child. after his death the women he married ended contact with me sharing none of my fathers belongings etc. at the time i felt wronged, and as a young man i could not afford legal representation. many years (over ten) have gone by, and i have mostly moved on with my life trying not to think of these events, but there still is a bit of anger inside. as his only child and living blood relation is there any way legally that i can gain access to as much as old photographs, clothing, or whatever small momentos that remain in her custody?
I'm looking for general and specific advice about striking a balance between value and ease in selling a few disparate items from an estate. [more inside]
Is there a solid independent study showing the percentage of 1% wealthiest who were born into money vs. those born poor who worked for it?
I spent a large chunk of inheritance money on a real estate purchase, and now I want it back. My husband doesn't agree with this feeling. There are of course special circumstances and emotions involved. [more inside]
My aged parents are planning to cash in all their stocks and put them into an account in my two brothers' names to reduce the amount of money payable in fees to the government upon their demise. They have told me, more or less, not to worry, and not to doubt the good intentions of my siblings. How to respond to this? [more inside]
My father died in February and I have an inheritance coming, probably around the end of the year, but at this moment that isn't soon enough to keep the wolves from the door. It seems silly that I know I have this mid-five-figures amount coming, and may become homeless before I get it. Does anyone have any ideas about how I can get some breathing room? For instance, is it possible to get a short-term loan using the inheritance as collateral? Any other creative ideas?
My brother and I are helping our elderly mother set up a trust with the help of a lawyer. She has signed over her assets, house deeds, car title, stocks, bank accounts etc to the trust. She also has a number of CDs that we were led to believe would go into the trust as well. But now they're not? [more inside]
Will I need to pay taxes on this inheritance? [more inside]
I am a noob when it comes to money matters, and need advice on how to take ownership of my inheritance. [more inside]
I have learned that I will inherit, with my sibling, a good sized estate including a house and some investments and a few trusts. These assets also come, if I want, with a "money guy" who was my parent's money guy. I have met this man and he has helped me with some basic early estate stuff and has indicated he'd like to work with me. I have a meeting with him and my sibling next week and I'd like to make sure I'm prepared and know what to ask him and could use some help generating questions. [more inside]
I am about to inherit a significant, but not enormous, amount of money. How do I manage this process without making myself insane or losing it all? Help me set up a basic investment plan. [more inside]
UK LegalFilter: Can you do a dead person for benefit fraud? What happens if you try? Details include a house sold privately, and a whole lot of uncertainty. [more inside]
Need estate/inheritance legal help in Hungary. [more inside]
Is it normal to be asked to sign a Receipt of Beneficiary (and Consent to Discharge, and more) without receiving funds first? [more inside]
My dad passed away 18 months ago, and the executor's lawyer informs me they're still awaiting a foreign beneficiary's obtaining their tax id in order for final distribution of his estate to be made. Is this a reasonable delay? details inside. [more inside]
What are some ways to structure a trust? I'm setting up a trust so that if I die, my child would not have a sudden, relatively large windfall. I've got life insurance, 401k and quite a bit of equity in a house, and at this time, I think it would be problematic. [more inside]
My dad is about to inherit at least several hundred thousand dollars from his dad and I am extremely worried it will burn a hole in his pocket. How can I help him prevent this? [more inside]
How can I move to CA with or without an inheritance and not go broke? [more inside]
My maternal grandmother passed away 5 months ago and my uncle has taken charge of handling her inheritance with her lawyer. He hasn't given any updates or information on how the process is going since his initial email 5 months ago, in which he told me that my grandmother had passed and that I would receive inheritance. How can I ask him to hurry up? [more inside]
How do I safely look after a large chunk of money for a short period of time? Difficulty - I'm in the UK, and some of it isn't mine... [more inside]
My godfather has offered me a job in his company. I am unsure what to do and need help! [more inside]
Unexpected inheritance of $100,000 - $150,000 complicated by move from the US to the UK in the next year. My wife and I have never dealt with financial matters beyond credit cards and a moderate paycheck before, who do we talk to in Los Angeles/Southern California to make sure we don't screw this up? [more inside]
Need advice on a legal matter. Not sure what type of lawyer I need. What type of lawyer handles this and do you have any recommendations? [more inside]
They divorced. She purposefully took a coveted object with her. Decades later, she has died and my husband and I have inherited the object. He wants it back. What should we do? [more inside]
How can I get rid of, ideally sell, all of this ammunition that I inherited? [more inside]
Are you an adult who is financially supported by your parents’ money? How do you deal with that? [more inside]
I have been fortunate enough to unexpectedly inherit £35,000 from a relative who died prematurely. What should I do with it? Caveats inside. [more inside]
Should I buy land with a tear-down house given my special snowflake details? [more inside]
So, my awesome great aunt passed away, and she left me a bequest! It's coming this week. Snowflake: She was Canadian, I am an American citizen resident in the UK. It's a Canadian cheque, how long will it take to clear and will I have to pay US or UK tax on it, or both? [more inside]
I have inherited a substantial amount, at least to me. How do I get over the guilt of not having worked for it? [more inside]
As the trustee for my parents' estate, what responsibility do I bear if I have ethical questions about how they treat my siblings in their will? [more inside]
What's the best way to get this 100-year-old house marketed and sold without it becoming the money pit first? Oh, and I'm 1,500 miles away. [more inside]
I asked idly in this thread, but I'd like your advice about talking to one's parents about inheriting some of their precious junk. [more inside]
Going to grad school and just received an inheritance - how do I best manage my money? [more inside]
I need help with my inheritance in another state... [more inside]
Going with my mother next week to a meeting with the management team and surviving founders of a start-up company my dad founded. She's trying to figure out how to value the company shares he left her as part of her estate planning, hence the meeting. [more inside]
I am the trustee of my mother’s estate. She has left her three children some cash, stock and property in the form of a Florida retirement property that has been on the market for 2 years. My step dad stands to inherit 100,000 in cash, stock or property. He wants it in cash. I want to offer it in property. If we give him cash it is a large chunk of the inheritance and we would be stuck with a property that is hard to sell and has a 700 monthly maintenance fee. Am I being too selfish? He is 86.
Should inheritance be distributed equally between siblings? [more inside]
My dad passed away this year and my mom has very generously decided to gift the house to my sister and I rather than. The house is in Canada, I live in the U.S. (Permanent residence). My sister and brother in law bought my half of the house when the mortgage was due (approximately April 1st) so I now suddenly have a 6 digit lump sum of cash in a Canadian account. I have not signed anything yet. I want to protect this from taxation, I also don't want to jeopardize my permanent residence status or potential citizenship. I know I need a lawyer, but what kind and how do I find a good one? I am in Wisconsin, particularly Eau Claire since that's probably important.
What's a good way to decide the age(s) at which grown children will receive their inheritance? [more inside]
Waldo is named as an inheritor in Billy's will. But no one has any contact information for Waldo. What happens? [more inside]
Who to establish as a trustee? [more inside]
Suppose I were soon to receive a check for approximately $20,000. Also suppose that this represents a portion of my share of an inheritance from a relative and that additional monies will be forthcoming and, though I don't know exactly how much, that'll probably be on the order of $50,000 or so. What are the tax implications of this for me? What could I do to minimize the taxes I pay on this money? (I'm in the U.S.) YANAAccountant or MAccountant.
My Aunt, Uncle and cousins have never been good with money, and have also never had well paying jobs. My Uncle has just inherited a (low) six-figure sum. Do I try to help them out by offering to build a financial plan for them? [more inside]
Both of my wife's parents died. Her dad first in January, now her mom in September. My wife is the oldest child. No will was left. What do we do? [more inside]
Major life decisions thrown my way. Feeling totally inept at making a good decision. Any ideas on how to sort it out and get on track? [more inside]
We live in San Diego. We have 140k in cash after an inheritance, a mobile home we can't afford, crappy jobs, and have never had this much money ever. How do we best invest this money? [more inside]
My dad's accounts are designated POD (payable on death) to me. Is that overriden by his listing of those accounts in his total assets, which his will divides among me and others, and which will is going to take some time to execute? [more inside]