The financial pluses and pitfalls of inheritance
Death and taxes. Several famous quotes over the years have pointed to their certainty, but the two are also intertwined. You can control what happens to your investments and possessions upon your death, if you do the proper planning. But many people fail to take the necessary steps to ensure their wishes are carried out, with the most benefit and least complication, for their heirs. And those who receive an inheritance can get into trouble if they aren?'t aware of the various laws and tax codes that could affect it. Here to discuss the ins-and-outs of providing or receiving an inheritance are Jay Brinker, an attorney who specializes in estate planning, probate, asset protection and small business planning, and local financial advisor Chris DeSimio.