bequests

Waiting to Inherit: Not a Sound 'Financial Plan'

An estimated two-thirds of baby boomer households will receive an inheritance at some point, with a median amount of $64,000, according to an AARP study. I recently received an email from a reader who has fallen deeply into debt in anticipation of her legacy -- and is now worried that her bailout may not be at hand:

Plan Now to Avoid an Inheritance Feud Later

Infighting among heirs is on the rise, thanks to the weak economy, the increase in blended families and a host of other factors. Probably the biggest is simply poor planning. Life is complicated enough, so don't bequeathe a battle to your heirs. Here's some straight advice.