The Inheritors Handbook A Definitive Guide For Beneficiaries [Paperback]

THE ONLY GUIDE YOU'LL NEED TO WISELY MANAGE YOUR INHERITANCE AND MAKE IT GROW FOR FUTURE GENERATIONS...
You're not alone. Sixty million Americans stand to be on the receiving end of an inheritance in the coming years. Planning is crucial if you hope to preserve your windfall, save on taxes, and avoid family squabbles. InThe Inheritor's Handbook,expert Dan Rottenberg offers a comprehensive guide through the inheritance process that gets to the heart of the complex issues, both financial and emotional, that beneficiaries face. He demonstrates how future heirs can discuss money and wills, choose advisers, manage investments, and much more. Using real-life examples, Rottenberg provides tested solutions to sensitive inheritance issues -- before the time of death, at the time of death, and years later.The Inheritor's Handbookis the only book you'll need to help you manage the difficulties, decisions, and opportunities that come with inheriting.Contents

ACKNOWLEDGMENTS

INTRODUCTION

How to use this book

PART 1
Preparing to Inherit

YOUR RELATIONSHIP WITH YOUR PARENTS

Estate planning questions: The quick list

OPENING THE CONVERSATION

Before You Talk to Your Parents, First Talk to Yourself

SIDEBAR: A checklist of emotional inheritance issues

Parents' primary concerns

After Talking to Yourself, Confer with Your Siblings

Before Approaching Your Parents, You May Want to Consult a Professional

Approaching Your Parents

ASSEMBLING YOUR PARENTS' VITAL DOCUMENTS

ESTATE PLANNING ISSUES

Managing Your Parents' Affairs before They Die

Minimizing Estate Taxes

SIDEBAR: Estate, inheritance, and gift taxes

Protecting against Incompetence or Disability

Durable general power of attorney

A living (or revocable ) trust

Preparing for Death

Have your parents written their wills?

Plan the funelӠ