Portland Public Library

Beyond the grave, the right way and the wrong way of leaving money to your children (and others), Jeffrey L. Condon

eng

index present

non fiction

Beyond the grave

885194167

Jeffrey L. Condon

the right way and the wrong way of leaving money to your children (and others)

This expert, one-of-a-kind handbook shows you how to ensure that your inheritance instructions will be carried out the way you want them to be; protect your children's inheritance from creditors, ex-spouses, addictions, tax troubles, mismanagement, squandering, and other risks of loss; prevent family conflict that can arise when parents die and children divide the "family money"; leave more money to your children and grandchildren, and less to the IRS; avoid creating inheritance problems in your family with "cautionary tales" of inheritance planning gone bad; understand why you still have to deal with estate tax issues even if your net worth falls below the new death-tax-exemption

Introduction -- Preventing inheritance conflicts between your children -- Protecting the inheritance from your child's potential problems -- Who says you owe your children an inheritance? -- Who will hold your "problem" child's inheritance? -- How will your children divide your noncash assets? -- Protecting your surviving spouse's ownership and control of the "family money" -- Will your surviving spouse divert the family money from your children? -- Your grandchildren -- Pets and charities -- The final triangle: you, your children, and the IRS -- Avoiding probate -- Inheritance planning and government entitlements -- What your children are thinking ... and you live and you learn