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As a boomer, do I have to leave my estate to my kids or spouse?

‘It seems like lots of people of varying ages seem to believe that they have rights to an inheritance, often by virtue of being a DNA relative and sometimes by virtue of a marriage.’.....»»

Category: topSource: moneycentralDec 6th, 2019

The Moneyist: As a baby boomer, I didn’t grow up with this culture of entitlement — must I really leave my estate to my children or spouse?

‘It seems like lots of people of varying ages seem to believe that they have rights to an inheritance, often by virtue of being a DNA relative and sometimes by virtue of a marriage.’.....»»

Category: topSource: marketwatchDec 14th, 2019

The Moneyist: As a baby boomer, I didn’t grow up with this culture of entitlement — do I have to leave my estate to my children or spouse?

‘It seems like lots of people of varying ages seem to believe that they have rights to an inheritance, often by virtue of being a DNA relative and sometimes by virtue of a marriage.’.....»»

Category: topSource: marketwatchDec 6th, 2019

The Moneyist: My husband, 67, wants to leave his $2 million estate and home to his disabled daughter and his sister’s kids. Can he do that? I could outlive them

‘It just seems a little harsh that I can only have the house to live in and not sell, if I need the money for future medical expenses. He’s very controlling of his money.’.....»»

Category: topSource: marketwatchDec 31st, 2020

Here"s exactly what a wealth adviser who worked in Silicon Valley told millionaires who asked how much money to leave their kids

Spencer Platt/Getty Images Some wealthy parents have trouble figuring out the right amount of money to leave their kids, Joe Pinsker reported for the Atlantic. One estate planning attorney who formerly advis.....»»

Category: topSource: businessinsiderOct 28th, 2019

The Moneyist: This father promised his kids that their stepmother will divide his $2 million estate after he’s gone — should they trust her?

‘He is under the assumption that everything will work out once he dies — and he trusts his wife, our stepmom, to leave us the inheritance.’.....»»

Category: topSource: marketwatchOct 23rd, 2019

Tax Guy: Don’t leave your spouse with a massive tax bill when you die

If you are wealthy enough to be exposed to the federal estate tax, you can usually minimize it or even avoid it entirely with some advance planning......»»

Category: topSource: marketwatchAug 22nd, 2019

The Moneyist: My second husband, 86, and I have 12 kids between us. He wants me to leave him everything — and says he will pass on the inheritance to my 5 children

‘He wants to leave the house to his children, but says if I outlive him I can live in it or rent somewhere if I wish to move.’.....»»

Category: topSource: marketwatchApr 26th, 2021

Outside the Box: Why you should plan to leave money to your kids

Planning to 'die broke' isn't a great strategy.....»»

Category: topSource: marketwatchApr 23rd, 2021

The Moneyist: My fiancée’s mother asked us to raise her 2 kids, as we live in a good school district and she has a gambling addiction — then she claimed their stimulus checks

‘I advised her to leave the money as the IRS may eventually ask for it back. Her new boyfriend then quickly told her to withdraw it anyway.’.....»»

Category: topSource: marketwatchApr 14th, 2021

The Moneyist: My second husband, 86, and I have 12 kids between us. He wants me to leave him everything — and will pass on the inheritance to my 5 children

‘He wants to leave the house to his children, but says if I outlive him I can live in it or rent somewhere if I wish to move.’.....»»

Category: topSource: marketwatchApr 9th, 2021

Apple donates $1M to San Jose scholarship program for students from underprivileged areas

San Jose Aspires, which has also received backing from the real estate developer Jay Paul Co., offers college money to kids who take steps to prepare themselves for a post-secondary education......»»

Category: topSource: bizjournalsMar 30th, 2021

A California couple bought a home over a year ago, but because of a legal loophole the previous owner refuses to leave

The real estate agent says the seller is taking advantage of the state's eviction moratorium. Willowpix/Getty Images A couple bought a home for half a million dollars in California in 2020, but haven't moved in. The seller .....»»

Category: smallbizSource: nytMar 20th, 2021

Target cutting 985,000 square feet of office space in Minneapolis as it goes to hybrid work model

Twin Cities commercial real estate managers are fearful Target Corp.’s decision to leave a main downtown Minneapolis location will becom.....»»

Category: topSource: chicagotribuneMar 15th, 2021

Obligation for timeshare may not end with spouse’s death

REAL ESTATE MATTERS | Depending on.....»»

Category: topSource: washpostMar 15th, 2021

Financial options to weigh when determining how to leave your home to your children

REAL ESTATE MATTERS | Be sure you understand all of the ramifications that might flow from action.....»»

Category: topSource: washpostMar 10th, 2021

Motor Mondays: Type R dominates multiple personalities of Honda Civic

Drivers looking for rousing performance plus room for a spouse and two kids or several golf partners and their gear, might like the hot hatch niche. The Honda Civic is one of the best performers, our reviewer says......»»

Category: topSource: bizjournalsMar 1st, 2021

The Moneyist: My wife and I are in our 60s. Should we skip our 3 undeserving children and leave everything to our 4 grandkids instead?

‘We don’t want the middle generation to gain from our estate, while cheating our grandkids out of their rightful inheritance.’.....»»

Category: topSource: marketwatchFeb 22nd, 2021

: How to get your affairs in order if your spouse is dying

Even in times of crisis, making sense of last wishes, estate documents and housework can make all the difference one day......»»

Category: topSource: marketwatchJan 23rd, 2021

The Moneyist: I want to propose to my girlfriend — but how do I divide my estate between her and my daughter from a previous marriage?

This letter writer asks: ‘Is it wrong to leave funds passed down from generation to generation solely for my daughter, and leave other funds to my new wife?’.....»»

Category: topSource: marketwatchJan 21st, 2021

The Moneyist: I’m predisposed to early-onset Alzheimer’s. I want to propose to my girlfriend — but unsure how to divide my estate between her and my daughter

This letter writer asks: ‘Is it wrong to leave funds passed down from generation to generation solely for my daughter, and leave other funds to my new wife?’.....»»

Category: topSource: marketwatchJan 20th, 2021