Tag: Estate Planning
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Even younger people should have a will: How to make one without spending a fortune
[ad_1] Making a will isn’t a task just for the old and wealthy. It’s also for the well-prepared. Recent years serve as a heavy reminder that you might not know when your last days are. Life expectancy in the U.S. dropped in both 2020 and 2021, driven by COVID-19 deaths and an increase in accidental…
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The mystery of the missing heir
[ad_1] Michael Zwick heard a story from an old friend whose wife had been a home healthcare nurse. One of her patients had taken a liking to her and left her some money in his will when he died. But it took some time for the estate’s attorney to track her down to settle that…
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My husband wrote a secret will when our marriage was in a bad place. Is this legal? Should I do the same?
[ad_1] Dear Moneyist, My husband wrote a secret last will and testament when we were in a bad place in our marriage. I do not know what is in this new will, but it’s still current and in his brother’s possession. We are in a much better place in our relationship now. However, I would…
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Can I sue my sister for ownership of my father’s ashes?
[ad_1] Dear Quentin, My oldest sister, “Tracy,” alienated me and my middle sister when my parents needed our help to care for them. Although we tried to help with my parents’ care it always had to be on Tracy’s timeline. She wanted to dictate when, where and at what time we should help. If we…
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Who can—and can’t—inherit a pension
[ad_1] At least once a month, a recently bereaved adult child calls John Joseph (J.J.) Conway, principal and founder at J.J. Conway Law in Royal Oak, Michigan, inquiring about how to obtain their deceased parent’s pension. Unfortunately, he rarely has good news. “Pensions are their own entities with their own written rules, much like contracts,” explains Conway,…
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How do we ensure our step-grandchildren don’t inherit our estate?
[ad_1] My wife and I are preparing our wills. We are dividing our estate equally between our son and daughter. Our son and daughter are parents to biological children as well as stepchildren. Our dilemma, for which we’d appreciate your insights, is how to ensure that the assets our daughter and son will inherit pass…