inheritance

What Buffett Gave His Kids: Values, Not Billions

You might expect that with a father like Warren Buffett, the road through life would be paved with gold -- and advice about how to make a mint. Not so, says Peter Buffett, who says the biggest gift the billionaire gave to his offspring was his philosophy of integrity and authenticity to your true self.

Six Financial Myths Your Father May Have Taught You

You love your dad, but you don't have to buy everything he taught you about money. DailyFinance celebrates Father's Day by debunking six financial myths he might have held held true. He still deserves the socks and the cologne. Just don't necessarily trust him with your portfolio.

The 10 Most Infamous Family Inheritance Feuds

Nothing is certain but death and taxes, and where those two intersect -- wills -- there's supposed to be some certainty as well. Wills should be final. But unsurprisingly, sometimes heirs don't see them that way. 24/7 Wall Street lines up the 10 nastiest, most interesting family feuds over mega millions -- and, in one case, a frozen head.

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.

This Gift-Tax Change Is a Huge Gift -- If You're Wealthy Enough

A temporary change in the tax code is creating a sweet opportunity. Through 2012, the amount you can give in tax-free gifts jumps from $1 million to $5 million. In this video, Kevin Sanderford, principal of Colorado West Investments, explains how you can take advantage of this "huge opportunity."

Put These 12 Financial Resolutions for 2011 on Your List

After the Great Recession and with volatile stock markets and unemployment keeping Americans jittery, more people are ready to commit to improving their personal financial situation in 2011. Here are a dozen steps that can help put you on the road to fiscal security.

Peter Sellers Tried to Change Will Just Before Dying, Letter Says

Comedian Peter Sellers tried to change his will just before he died, according to a newly-revealed letter. Sellers, best known for his roles as Chief Inspector Clouseau in the Pink Panther movies and the crazed Dr Strangelove in the film of the same name, wrote a letter dated July 22 1980 saying he wanted to prevent his entire fortune passing to his estranged fourth wife, Lynne Frederick, the BBC reported.