In America, approximately 70% of people who receive sudden wealth, whether through inheritance, lottery winnings, or legal settlements, lose it all within a few years. This startling statistic reveals ...

When my grandmother died, her property came to my mother and uncle. He unfortunately died six months later without updating his will and his second wife inherited his share of the property. During an ...

In the next 20 years, an estimated $84 trillion in assets is expected to change hands, with younger generations — including Gen Xers, millennials and Gen Zers and Gen Alphas — inheriting funds from ...

While the advice and financial industry girds itself for a $90 trillion Great Wealth Transfer, only a minority of Americans expect to leave a financial gift for their descendants, suggests new ...

Expecting an inheritance? There are some critical questions heirs may consider asking in advance, especially when they are planning their financial future. As the CEO of Harvest Wealth Financial and a ...

As your finances become more complex, you may seek a financial advisor. These are some of the situations when it makes sense ...

Entrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor. Since then he's learned many lessons he's now passing to his kids. When The Art of Shaving ...

In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a financial windfall? And inheritances can certainly be life-altering events. But ...

Do I need a financial advisor or should I do it myself? In most cases, if you don't have the time, desire, and/or expertise required to give your life savings enough attention, a financial advisor is ...

Dear Annie: I feel you overlooked an important point in your response to “Inheritance Issues,” which has been an occasional topic in your column. Elder financial abuse is all too common. If the mother ...