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What to do with the house, the vacation house and the china? We talk with a financial adviser who's got some wise counsel. Also, who makes up the so-called Generation I?
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I know I m going to get a few calls about this one, but hear me out. We talk a lot about managing your estate and strategies for making the most of an inheritance, but what we don t often talk about is what to do with your “stuff” and the realities that surround that.
When helping people with their estate planning, we obviously cover the big issues, such as IRA or retirement plan beneficiary info, wills, trusts, power of attorney and advance directives (or POLST). We review titling of the assets in your estate with your CPA or attorney. But what we often don t talk about is what to do with all of your stuff.