Category: Inheritance
A New York woman went to court to force a DNA test to prove that the man on her birth certificate was not her father. Unfortunately, it involved digging up a grave. Yes, this one is ripped right from the headlines – in this case, from the New York Post, which is infamous for its colorful […]
A 54-year-old O’Fallon, Missouri man was sentenced Friday for scamming lenders by telling them he was the beneficiary of a multi-million dollar inheritance, U.S. Attorney Richard Callahan said. Fox 2 Now reported the story in an article titled “O’Fallon man sentenced for bogus inheritance tale.” A Missouri man, Dana Jefferson, was recently convicted of scamming […]
With millions of Americans woefully unprepared financially for retirement, many have come up with a workaround for not putting away a big enough nest egg. They plan on inheriting enough to pay the bills when they stop working. But what if the older generations don’t leave inheritances behind? Uh-oh. A recent retirement survey included 1,000 […]
For those who are fortunate to enjoy their retirement and have enough money to leave behind, they might be wondering whether it is best to leave an inheritance or gift their assets? Although the percentage of taxes owed on gifts and inheritance is the same, one is inclusive and one is exclusive, and the dollar […]
Probate courts generate plenty of stories about bad guardians, people appointed by a court to look after a ward’s well-being or finances when they are too young or otherwise unable to take care of themselves. Then there’s Betty J. Coleman. Prosecutors say she lied about her criminal past to be named guardian of her granddaughter’s […]
A Brooklyn woman scammed $300,000 from her friends by telling them she had inherited a boatload of cash but needed their dough to pay off the estate’s taxes and liens, prosecutors said Tuesday. Have you heard of the standard inheritance scam? A scammer pretends to be an attorney or estate agent. They tell a potential […]
In order to make sound financial decisions, you must have a good understanding of the rules. Receiving an inheritance is one of those situations you may have to make decisions that could impact your future finances. If you inherit a Roth IRA, the options you have are similar to that of a traditional IRA, however, there […]
Siblings can be our closest family members. But when it comes to litigation over family property or money, genetics can fall by the wayside and siblings can quickly become our biggest adversaries. Do these song lyrics hold true about siblings? Hey brother! There’s an endless road to rediscover Hey sister! Know the water’s sweet but […]
It seems that the millennials are going to inherit a lot more from their baby boomer parents than just some tie-dyes, Steely Dan LPs, and Fabulous Furry Freak Brothers comic books. To the tune of $30 trillion, according to Federated. But will millennials invest that wealth? Wall Street is worried, so they are taking action […]
Authorities said the men said during the robbery that they had seen recent social media postings from a resident that he had just inherited some expensive jewelry. Social Media safety lesson: don’t post about your inheritance! Police in Pennsylvania say that a 19-year-old made social media posts about some expensive jewelry he had recently inherited. […]
