26-year-old Gina Rutledge was a doting mother over her two children, Jude aged 7, and Javen aged 6. Her Last Will and Testament specified that in the event should anything happen to her, her mother should take custody of her two children. Sadly, she passed away from brain cancer in 2021. Another party had contested […]
The purpose of a Last Will is so that you, as an individual, can bequeath your items/assets/estate to whomever you like. Thorny moral (and legal) issues are raised, however, when a massive fortune is left behind and NONE of it goes to a person’s family…that is just a guarantee that people will fight over your […]
It’s always good news to hear about someone (working an ordinary job) who winds up donating thousands in their Last Will and Testament to their community. That’s a common refrain among lottery winners, that they’ll donate a fortune to their community, but it’s rare to hear this from people who simply work ordinary jobs. How […]
Millennials and GenZ are poor; these two younger generations are both facing emotional and financial turmoil in their lives. It’s no secret that with the 2008 recession, the global pandemic, and the inflationary cost of everything, it is not secret that Millennials and GenZ have very little in the way of savings. Wealth is (supposedly) […]
Remember that famous movie Austin Powers? Remember Powers’ right-hand woman, Vanessa Kensington, played by Elizabeth Hurley? Of course you do! Unfortunately, Hurley (much like the rest of us) is not doing too well: she is devastated that her son has been cut out from his grandfather’s $250 million dollar fortune. With his mother a famous […]
Owning a property is always nice; inheriting a property may be the only way the younger generation can own a house. In 2021, President Joe Biden proposed a new plan to help pay for the American Families Plan (worth $1.8 trillion). His proposal was going to impact families with more than $1 million in tax […]
The COVID-19 pandemic has upended many aspects of our lives, from the way we work and socialize to the way we plan for the future. Unfortunately, the pandemic has also led to a spike in deaths, leaving many families to cope with the loss of loved ones. In some cases, individuals who have passed away […]
The Nova Scotia shooter incident that occurred in April 2020 shocked the nation and left many in mourning. The shooter was gifted the rifle used to attack people. The tragic event claimed the lives of 22 people, including a police officer, and left a deep scar on the community. It has since come to light […]
Inheritance is a valuable asset that can be used to increase personal wealth if managed carefully. Here are some ways to leverage an inheritance to increase personal wealth: Pay off debts: One of the best ways to use inheritance is to pay off debts. This can include credit card debt, student loans, and even mortgages. […]
A worried wife worries about what will potentially happen to her husband’s retirement property if he dies. He has left no Last Will and Testament in place, despite the wife’s constant prompts to get one done. The wife is understandably worried about their future. In situations where someone dies without a will, their estate is […]
