One of the biggest challenges for anyone administering an estate is how to distribute what are called its tangible items. Unlike other property which can be easily sold, turned into cash and divided equally, tangible property is unique and often can’t … Continue reading
Your will may be the most important document you’ll ever write. Problem is, after many of us draft one, we put it somewhere for safekeeping and don’t look at it again. That can be a big mistake. Lives change. Our finances change. Loved ones leave us an… Continue reading
Some boomer and Gen X parents want to assist their grown children financially from time to time, either to enhance their kids’ lives or because their sons or daughters are struggling financially. But when is it okay to help one child more than another?… Continue reading
Some boomer and Gen X parents want to assist their grown children financially from time to time, either to enhance their kids’ lives or because their sons or daughters are struggling financially. But when is it okay to help one child more than another?… Continue reading
Many Next Avenue readers are, or will be, stressed, worried and anxious figuring out what to do with their parents’ stuff. We know this because our 2017 story, “Sorry, Nobody Wants Your Parents’ Stuff” is our most-read, most-shared piece. And it led to… Continue reading
Recovering boat owners often say a boat is a hole in the water into which you pour money. Much the same could be said for a house you inherit. When a parent or other relative dies and you take possession of his or her house, it can be easy to think you… Continue reading
Next Avenue recently asked readers to send us their top questions about their 2018 tax returns and we would answer as many as we could. In the story published in late March, three tax experts sorted out confusion about: who needs to file; standard dedu… Continue reading
We live in a world of fractured relationships. For example, there are blended families that never truly blended; kids who feel left behind because of their parents’ divorce and loved ones who’ve gone completely off-the-tracks because of an addiction or… Continue reading