When my father passed away in 2013, my sister and I learned that we were the joint beneficiaries of his life insurance policy ...
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There are two entirely reasonable responses to this. One is to worry about the new inheritocracy harming society: how it could corrode incentives to work, say, or widen inequality and distort the ...
Sudden money can be exciting, but many people who receive windfalls end up squandering them. Retaining and protecting wealth is a skill set many haven’t learned yet, and inexperienced wealth builders ...
Baby boomers are expected to transfer more than $50 trillion in wealth during the next 20 years, with much of it going to Gen X and millennial children. But many don’t want to wait until they die to ...
Lawyers have revealed the top three reasons families go to war over inheritance as worsening delays in the probate system put pressure on those left behind and hoping for a share of a legacy. With ...
Caitlin O'Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces "The Uplift," ...
Austrian heiress Marlene Engelhorn asked 50 strangers to help distribute $27 million in inheritance. Engelhorn, whose ancestor was a rich industrialist, advocates for higher taxes on the ultrawealthy.
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