Practical, real-world information about wills, estates, inheritance, executors, and elder law in Canada
Sunday, October 6, 2013
How to handle an inheritance and avoid common mistakes
Posted by
Lynne Butler, BA LLB
Inheriting a large sum of money - and "large" is relative to your circumstances - can be overwhelming. A lot of people don't handle it well. This article from www.consumerreports.org gives ten tips for dealing with the inheritance in a way that will reduce the emotional and financial impact on you and those around you. It's an American article, so there are a few details in it that are specifically American, but the advice and ideas are just as sound for those of us here in Canada. Click here to read the article.
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