In its weekend edition of September 27-28, 2014, as the lead story in its Weekend Investor section, The Wall Street Journal published an article by veteran reporter, Liz Moyer, entitled When Heirs Collide. The article is sub-titled Fights over estates can tear families apart – and it’s not just about the money. Here are guidelines for keeping the peace.
According to the article, Roughly 70% of families lose a chunk of their inherited wealth, mostly due to estate battles . . . .
The article relies in part on information provided by Lamson and Cutner attorney, David Cutner. It quotes Mr. Cutner as stating It’s not about the money. It’s more about Did Mom or Dad love me?’
Those who are or will be involved in estate proceedings will benefit from reading this article.
Here is a link to the article.