inheritance

Inheritance Dispute Dilemma: Thousands of Families Caught in Emotional Legal Battles Over Wills

London, England – Inheritance disputes are on the rise in England and Wales, with thousands of families getting entangled in legal battles over wills. Estimates from specialist solicitors suggest that as many as 10,000 people are disputing wills each year, a significant increase from previous years. The passing of the property-rich baby boomer generation, a rise in second marriages leading to disinherited stepchildren, and the prevalence of dementia influencing challenges to wills are cited as …

Read more

Family Inheritance Dilemma: Passing on Assets Without Creating Financial Rifts

The Financial Dilemma of Inheriting a Home in Houston, Texas When it comes to inheritance, financial and family dynamics can often intersect in complex and emotionally charged ways. A reader in Houston, Texas shared his concern about his inherited home and how it could impact his family’s financial future. His father has passed away, and the family home has been fully paid for. His mother holds about $120,000 in liquid assets, and both he and …

Read more

Avoid the Drama, Spill the Tea on Your Will

When you decide to leave items to different people, inevitably someone feelings get hurt. After you are gone there is no way to fix it. The damage it can cause could be irreplaceable ad your heirs might not talk to each other. The best way to resolve these issues is to communicate with your love ones. Tell them why you are leaving so and so the beach house, etc. This will save them a lot of heart break in the end and help them understand your logic.

How should you divided your assets?

Son seeks ways to modernize his family’s inheritance

Living in a city in the United States, a 56-year-old man is faced with a complex family situation. His 93-year-old father, who has Type 2 diabetes, a pacemaker, and legal blindness, requires round-the-clock care. With the recent passing of their mother, the man and his girlfriend have taken on the responsibility of caregiving for the elderly father, while also trying to navigate a challenging situation involving his sister. The man’s sister has exhibited irresponsible behavior, …

Read more