Part of the mission of Clarity Financial Planning is to help you take care of your loved ones and leave them a legacy if possible. What you don’t want is your good fortune to cause problems after you are gone.
In “Head Off Squabbles Among Your Heirs,” Kiplinger offers suggestions for things you can do to distribute your wealth in a way that hopefully reduces arguments. If you foresee tension, make someone other than an heir the executor. Depending on your state, you may be able to include a “no contest” clause, which means that anyone who contests …Read More