We are currently in the midst of the "great wealth transfer": A recent study found that $53 trillion in wealth will be transferred from boomers onto the next generation between now and 2045. If you're.
Jamie Hargrove, the founder of Hargrove Firm LLP, is an attorney and certified public accountant with nearly four decades of estate planning experience. He is also co-founder of NetLaw, a technology platform that powers Hargrove Firm's online estate planning services. Previously, he led a 160-attorney estate and trust practice for a Kentucky-based law firm.
The pandemic put deathbed gifts in the spotlight. But, are they the right financial decision for you? Our tax pro and legal expert explains why you should avoid this type of gift from a loved one