-
Second Marriages and Blended Families

Second marriages and blended families bring unique estate planning challenges. Without careful planning, the results can be very different from what you intend. It’s common to want to provide for a current spouse while also protecting an inheritance for children from a prior relationship—but a simple will or beneficiary designation often isn’t enough to accomplish…
-
Alternatives to Disinheritance

Leaving an inheritance does not have to be all or nothing. You can leave a small token gift, such as a hundred dollars or a family heirloom, to show that you thought of them and didn’t accidentally omit them. A no-contest clause provides that anyone who challenges your plan loses their inheritance. Combining it with…
-
How to Disinherit Someone

Disinheriting someone requires a clear and unambiguous statement in your estate planning documents. Leaving their name out of your plan is not enough. The court could assume that an omitted name is unintentional and award them a share of your estate. Your estate plan should explicitly state that you do not want the person to…
-
What You Need to Know to Disinherit Someone

Disinheritance—the intentional exclusion of a family member, usually a child or spouse, from receiving part of your estate—is more common than you might think. It is also easier than you might think, with a couple of exceptions. However, it is not as simple as omitting someone’s name from your estate plan. You are generally—but not…
-
Disinheritance Red Flags

Try to get a copy of your parents’ will or trust so you can find out who inherited from them and whether there were any recent changes to their estate plan. This information could raise red flags that warrant further investigation. For example, they left the money to a charity or other group with which…
-
Disinherited? Ask Questions

Before seriously considering a will or trust contest—which could be a long, expensive, and ultimately fruitless undertaking—it may be worth asking a few questions to put things into perspective. If your parents said you were going to receive something and you did not, this could be an issue. If you do not know what their…
-
The Disappointment of Disinheritance

In most cases, children are not entitled to inherit their parents’ money and property. You may, however, have the right to receive a copy of their will if they have one. If they used a trust, it may be more difficult for you to get a copy if you were not a beneficiary. If the…
-
Resetting Inheritance Expectations

Tens of trillions of dollars are expected to pass from older Americans to younger Americans over the next two decades. However, research shows a growing disconnect between how much children expect to receive and how much their parents plan on leaving them. More than half of millennials say they expect to inherit approximately $350,000 or…
-
Why the Knives May Come Out at Death

The murder mystery Knives Out featured whodunit intrigue surrounding the murder of a wealthy author and surprise changes to his will. Knives Out begins with the death of Harlan Thrombey. He is survived by two children, a daughter-in-law, and three grandchildren. Each of these presumptive heirs assumed they would receive an inheritance. A week prior…

