Tag

Inheritance

All articles tagged with #inheritance

Seven Common Will Mistakes Estate Lawyers Urge You to Avoid
finance5 days ago

Seven Common Will Mistakes Estate Lawyers Urge You to Avoid

Estate lawyers warn that many people fail to plan properly: having multiple co-executors can spark conflict and cost; a will alone does not always avoid probate; vague bequests to sentimental items invite disputes; wills should be updated after life changes; gifts should be structured to truly help beneficiaries and avoid unintended consequences; and you must clearly designate where your will is and work with a qualified estate attorney to prevent disputes and expensive probate.

Bear Payne to receive almost $28 million from late Liam Payne's estate
entertainment18 days ago

Bear Payne to receive almost $28 million from late Liam Payne's estate

Liam Payne's 9-year-old son Bear is named the sole beneficiary of Payne's estate, with nearly $28 million to be inherited; some funds are accessible now, but the majority will be placed in a trust until Bear turns 18. Payne died in October 2024 after a balcony fall in Buenos Aires, Argentina; with no will, Cheryl Cole and attorney Richard Bray were named administrators to preserve the assets. Some charges related to his death have been dropped, while others await trial.

A 23-Year-Old's $450K Inheritance Tests Ramsey’s Patience
personal-finance20 days ago

A 23-Year-Old's $450K Inheritance Tests Ramsey’s Patience

A 23-year-old New Yorker inherited about $450,000 after his parents’ home was sold and parked it in a CD to avoid impulse spending. Dave Ramsey praised the restraint but warned that letting the money sit can erode purchasing power and miss long-term growth, noting it could have doubled in seven years at market rates. He advised living on current income, consulting a vetted financial advisor, and explored diversified real estate exposure (via crowdfunding platforms) as safer ways to grow wealth without overcommitting. The core message: sudden wealth is a head start that requires discipline, guidance, and a patient, long-term plan.

Ramsey: Don’t Plan Retirement Around an Inheritance
personal-finance21 days ago

Ramsey: Don’t Plan Retirement Around an Inheritance

Dave Ramsey tells a caller that planning retirement around an expected inheritance is risky: Keith’s $800k, three-property rental portfolio is yielding only low single digits, and his $500k in retirement savings plus salary aren’t enough to rely on inheritance. Ramsey says to fix your own balance sheet first, calculate true yields, raise rents to market, and build a retirement plan as if nothing will be inherited, because inheritances can be spent or redirected at any time.

Oliver Tree’s bold will: wealth set to aid artists, not his family, weeks before Rio crash
entertainment24 days ago

Oliver Tree’s bold will: wealth set to aid artists, not his family, weeks before Rio crash

Oliver Tree said on the Zach Sang Show that, when he dies, his wealth should go to artists rather than his family, and he envisaged a committee to allocate funds annually and a foundation called Dr. Oliver Tree’s Art Grants for Baby Geniuses. He warned there wouldn’t be a silver spoon for relatives and stressed funds should fund art-related pursuits rather than education or buying equipment. The remarks came weeks before his death in a Rio de Janeiro helicopter crash that killed six people, including Tree, as he was on a world tour and had shows scheduled, including one in Lisbon.

Inheritance, Grief, and a Stepsister in Turmoil
advice1 month ago

Inheritance, Grief, and a Stepsister in Turmoil

After their father’s death, a volatile stepsister wreaks havoc—drama around memorials, moving belongings, and the will. Since stepchildren aren’t automatically entitled to an inheritance, the mother’s will and beneficiary designations (life insurance, retirement accounts) determine who gets what. The standout advice is to consult an estate attorney, protect the grieving mother, and prioritize your own mental health and your children’s needs, rather than trying to appease a difficult sibling.

Epigenetic Echoes Reveal Non-Mendelian Inheritance in Mammals
science1 month ago

Epigenetic Echoes Reveal Non-Mendelian Inheritance in Mammals

A federally funded mouse study finds that about 7% of inherited epigenetic patterns do not follow Mendel’s laws, uncovering additional imprinting events, emergent inheritance patterns that can’t be traced to either parent, and a rare mammalian paramutation in Capn11. The findings suggest epigenetic marks can be transmitted and even arise across generations, potentially influencing disease risk, and were mapped using long-read sequencing across three mouse generations.

Road to Inheritance: $570 Billion in Classic Cars Set to Change Hands
business1 month ago

Road to Inheritance: $570 Billion in Classic Cars Set to Change Hands

An estimated 12 million classic cars worth about $570 billion will pass to heirs over the next 15 years as part of the US’s broader wealth transfer, with Hagerty counting more than 43 million collectible cars and roughly $1 trillion in insurable value; while most transfers occur without tax issues, emotional attachment and high upkeep costs can lead to disputes and reshape how these historic vehicles are valued and handed down.

Beverly Hills son found guilty of murdering his mother for inheritance
crime2 months ago

Beverly Hills son found guilty of murdering his mother for inheritance

A Beverly Hills widow, Violet Yacobi, was found dead at her home in 2017 after detectives initially suspected a fall or suicide. Over time, investigators built a case around her son Daniel, uncovering inconsistencies in his stories, a large potential inheritance (about $13 million), and a trail of digital and surveillance evidence showing him at the house the night Violet died. Autopsy and expert testimonies sparked competing theories, but the prosecution argued the strangulation was motivated by money, supported by DNA under Violet’s fingernails and Daniel’s behavior and finances. After years of investigation, Daniel Yacobi was found guilty of first-degree murder for financial gain and received a life sentence without the possibility of parole.

Dietary Vitamin B12 Shapes Inherited Traits in Worms
science2 months ago

Dietary Vitamin B12 Shapes Inherited Traits in Worms

Researchers show that vitamin B12 in the diet of the nematode Pristionchus pacificus can induce a predatory mouth form that is passed to offspring through egg nutrients, demonstrating diet-driven epigenetic inheritance. The effect depends on dose and is linked to methionine, with folate not producing the same result; while this reveals a mechanism in worms, there is no evidence it applies to humans.

Cutting a Son Out of the Will Over Grandkids Is Cruel and Shortsighted
lifestyle3 months ago

Cutting a Son Out of the Will Over Grandkids Is Cruel and Shortsighted

A father seeks guidance after his wife wants to disinherit their son simply because the son doesn’t plan to have children. The column argues that punishing a child over a personal life choice is cruel and likely damaging, and suggests protecting the son’s interests in the will while addressing the wife’s grief. It explains that changing a will generally requires both spouses’ cooperation, recommends consulting an estate attorney, and urges a candid discussion with the wife about her motivations, with therapy (individual or couple) as a possible path to redirect her anger.

Ex-MLB Pitcher Sentenced to Life for Lake Tahoe In-Laws Killing
crime4 months ago

Ex-MLB Pitcher Sentenced to Life for Lake Tahoe In-Laws Killing

Former MLB first-round pick Dan Serafini was sentenced to life in prison without the possibility of parole for the 2021 murder of his father-in-law and the attempted murder of his mother-in-law at their Lake Tahoe home, with jurors finding the acts deliberate and premeditated amid disputes over a multimillion-dollar inheritance; the mother-in-law survived the shooting but died by suicide a year later.