Inherit More

Overview

Elderly parents and benefactors need your help, and helping them can also preserve the largest financial windfall of your life -- an inheritance. Finally, there's a book that answers all your questions. Inherit More is the straightforward, practical guide to keeping more of what's rightfully yours. It also helps you broach a difficult subject with your loved ones. It provides sensitive advice on talking to parents and practical guidance for dealing with family, financial, and other issues critical to every ...
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Overview

Elderly parents and benefactors need your help, and helping them can also preserve the largest financial windfall of your life -- an inheritance. Finally, there's a book that answers all your questions. Inherit More is the straightforward, practical guide to keeping more of what's rightfully yours. It also helps you broach a difficult subject with your loved ones. It provides sensitive advice on talking to parents and practical guidance for dealing with family, financial, and other issues critical to every benefactor and critical to preserving your inheritance. Caring children of any age will find proven, world-class counsel on dealing with every major inheritance problem Estate-planning expert and tax accountant Martin Shenkman also offers six simple steps you can take now to help your parents and safeguard your inheritance for the future. Dealing with issues of inheritance can be a difficult and emotional experience. That's why Inherit More offers the thoughtful, proven advice to help you get through tough times with as little distress as possible.
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Product Details

  • ISBN-13: 9780471421160
  • Publisher: Wiley
  • Publication date: 5/9/2003
  • Edition number: 1
  • Pages: 288
  • Product dimensions: 6.04 (w) x 8.94 (h) x 0.77 (d)

Table of Contents

1 Why Inherit More? 1
2 Talking to Your Parents 15
3 Second (and Later) Spouses Can Destroy Your Inheritance 47
4 Do Your Parents Have the Right Insurance Coverage? 69
5 Are Your Parents' Assets Managed and Invested Appropriately? 85
6 How Do Your Parents Own Their Assets: Judging a Book by Its Cover 111
7 Jewelry, Vacation Homes, Family Apartments, and Other Tough-to-Divide Assets 137
8 Identifying Hidden Assets 147
9 Do Not Overlook the Paperwork 163
10 Medicaid Nursing Home Costs 181
11 Estate, Gift, and Other Taxes That Can Decimate Your Inheritance 189
12 Is Your Mom's Lawyer Billing Excessive Fees and Expenses? 203
13 Dealing with Will Contests and Lawsuits 215
14 Preventing Your Ex-Spouse from Running Off with Your Inherited Assets 237
15 Inherit the Best Way Possible--A Lifetime Trust 249
16 Safeguarding Your Inheritance 255
Index 271
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