Most familial wealth doesn't last longer than three generations, whether through excessive spending or mismanagement, generational wealth tends to disappear. Let's explore how generational wealth vanishes and how to change that.
Inheriting money can be complicated, especially in a marriage. A windfall can be a source of tension if spouses disagree on how it should be used. The question is not only one of legality, but also touches on emotional, ethical, and personal issues.
Losing a parent is bad enough, but watching a sibling waste a $150,000 inheritance on luxuries can add to the grief. The key to helping him is not to lecture or shame him, but guide him before the money's all gone.
Your grandma added your name to her house deed before she passed. Now that your uncles are suing you, do they have a legal leg to stand on? The answer lies in the paperwork, timing, and your grandma’s intentions.
When a loved one passes away without a will, settling their estate can quickly become a nightmare. If you were promised something but never got it in writing, you might find yourself in a difficult position when you try to claim it as yours.
