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Sunday, February 5, 2012

Don't Count On An Inheritance

The article below talks about why you might not be receiving an inheritance from your parents when the time comes. I think it's worth a read, as I'm often approached by individuals whose parents have passed away and who simply can't believe "there is nothing left".

One caveat about this article though - it's American. That means you should skip over the details about taxes. The US has a different tax system than we have in Canada. I don't mean to suggest that taxes themselves should be disregarded, as they certainly take a mighty big bite out of many estates. Just don't confuse the numbers in this article with the numbers you'd hear in Canada.

Click on the link below to read the article.

Don't Count On An Inheritance - Investopedia.com

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