There is nothing wrong with letting your inheritance sit, until you have explored all of your options and have a full understanding of how a windfall can affect your personal taxes.
Aretha Franklin’s handwritten wills might not pass muster in some states. However, a court in Michigan, where she died, is more likely to take them seriously, experts say.
Financial planning is daunting enough, but it becomes more complicated and critical when you have a child or family member with special needs.
Estate administration in the digital age requires having a strategy to share passwords to your computer, email and online accounts. Without that, things quickly get complicated.