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3 Common Reasons Siblings Fight Over Inheritance

A good way to think about an inheritance is to assume you're getting nothing. After all, it is someone else's money. That way, when you do receive an inheritance, it's a blessing. But try telling that to siblings who feel entitled to their parents' assets, especially if they failed to plan for their own retirements.

And to an extent, their feelings are understandable, especially if the parents contributed to their unrealistic expectations. The good news is, there are things you can do to help avoid this acrimony, especially if you first understand three common reasons siblings fight over an inheritance.

5 Questions to Ask a Lawyer Before Retirement

Some of us dream about the day we get to retire, others dread it. Either way, you've got to plan for it. Maybe you want to travel. Perhaps you'd like to keep working a little while collecting your pension. Or maybe you're so in debt that you think you'll have to work until the day you die. Whatever your situation, here are five important questions to ask a lawyer before retirement. After all, the better you plan, the more likely you are to have peace of mind both now and after you retire.

How Can You Protect Assets from Nursing Home Costs?

Most of us don't like to think about getting older and needing to be cared for by others, or having to place a loved one in a nursing home. But these are realities of life, and they're probably going to come up whether we plan for them or not. A big part of that planning process is the financial side of things. Long-term care and nursing home costs can be staggering. So how do you protect your assets from nursing home costs? Here are a few things to consider.

There's an old adage that says you get what you pay for. Essentially, something that's free is of little value, and things that cost more are higher in quality. And while that's generally true, there are always exceptions, and there are instances where you can get the same quality product for less money, or even for free if you do it yourself.

But are wills one of those instances? How much are you going to need to spend to have a legally binding will?

Should You Add Bitcoin to Your Estate Plan?

Even though many people may feel uncomfortable planning for death, it's an important thing to do, especially for your loved ones. In the absence of an estate plan, property will be divided based on state intestacy laws, which could result in your assets going to people you don't want them to go to, and it can be a hassle for your loved ones.

Assuming that you've decided to plan your estate, you may wonder what you should include. Well, the more detailed you have, the better. And, if your property changes -- maybe you added new investments, such as Bitcoin -- it's best to add that to your estate plan as well.

Putting physical assets like a car or a house into your will or estate plan is relatively simple. Adding financial assets like stocks and savings accounts can be a little more complicated. But what about cryptocurrencies like bitcoin?

Now that bitcoin is legal tender and its value is skyrocketing, more and more people will be owners of bitcoin and other cryptocurrencies, meaning those assets will need to find their way into a will or estate plan. Here are five of the most commonly asked questions when it comes to bitcoin and estate planning, along with some answers.

We get it: there's no easy way to start talking about estate planning. And who wants to spoil the holidays with morbid talk about what's going to happen after a family member dies? None of that sounds appealing.

Then again, when else are you going to do it? The holidays are one of the few times you can get most of the family together, and maybe the holiday spirit will make everyone a little more patient, understanding, and generous. (Well, we can dream, right?) So here are a few pointers if you're delving into the estate planning discussion this holiday season.

You just brought a baby into the world, so you're probably not thinking about passing away any time soon. Sadly, that's the mindset of many new parents, and then tragedy strikes, leaving a young family without an estate plan.

It may sound morbid to start planning for the end of your life when you just began a new one, but it can be essential to making sure your children are taken care of. Here's what new parents need to know about estate planning.

A trust can be a great way to manage property and financial assets, both during life and after. But there's something about adding family to the mix that runs the risk of taking a great thing and making it not-so-great. While we love family, internal rivalries, grudges, and simple failures to communicate can turn a family trust into a family nightmare.

Here are three ways a family trust can go wrong, and how to avoid them:

Estate planning, although necessary, is never fun. Between federal estate taxes and state inheritance laws, designing a plan for your property after death -- and drafting the essential documents -- can be a major headache. Those arrangements can only get harder for non-U.S. citizens.

While navigating estate and immigration laws may seem overwhelming, here are five tips that can help simplify the process.