Inheritor's Handbook: A Definitive Guide for Beneficiaries (Bloomberg)
Language: English
Published by Bloomberg Press, 1998
- Hardcover
- Used
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- Title
- Inheritor's Handbook: A Definitive Guide for Beneficiaries (Bloomberg)
- Author
- Dan Rottenberg
- Publisher
- Bloomberg Press
- Publication year
- 1998
- Condition
- Fair
- Binding
- Hardback
- Language
- English
- ISBN 10
- 1576600513
- ISBN 13
- 9781576600511
this is the first guide about the transfer of assets written from the recipient's perspective. it delves, not only into financial, legal, tax, and investment questions, but also into a far more sensitive area-the delicate art and science of communicating and negotiating about money and material goods with loved ones. rottenberg presents and offers solutions to a variety of potential scenarios, offering real-life examples as well as advice from experts. topics include: before death: talking with relatives about death, money, and inheritance; what you should know about their legal rights; the will; testamentary trusts.at death: the role of executors and trustees; accessing the will; what to do with assets; finding advisers; contesting the will on your own: dealing with trustees, lawyers, your fellow beneficiaries; planning your estate.
"Synopsis" may belong to another edition of this title.
From the Author
Like most baby boomers (I'm 56), I couldn't talk to my father about death or money, for the usual reasons: I don't want to seem morbid or greedy. But a magazine article I wrote three years ago about the problems of trust beneficiaries convinced me that 90% of their troubles could have been avoided if they'd talked to their parents before their parents died. This is easier said than done— discussing money or death with one's parents is tougher than discussing sex— so I searched for some book that would help me. To my surprise, I found dozens of guidebooks to help people write their wills and plan their estates, but nothing for those of us who are (or may be) on the receiving end of an inheritance. So I wound up writing such a book myself. The Inheritor's Handbook seeks to fill this void— whether the need arises before the death of your parents or spouse, at the time of death, or years after the death.It seeks to do for inheritors what Dr. Spock did for mothers. Although the book covers everything from choosing advisers to managing investments to dealing with trustees to work and philanthropy, I'm especially proud of two novel observations: First, it's important to talk to parents about their estate. My book provides concrete practical suggestions for opening that conversation. Second, most financial and legal issues turn out to be emotional issues when you scratch beneath the surface. Solve the emotional issue and the financial issue often disappears. In practical terms, this means it may be wiser—and less expensive—to hire a therapist than a lawyer. Until science figures out how to eliminate death, you and I must make the most of the only life we have. One of the best ways of doing that is by dealing sensibly with death. By confronting death with the proper knowledge and preparation, you and I can make the best of an essential and inevitable human transition. Good luck!
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World of Books (was SecondSale)
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