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May 8, 2008

Heir Discusses Inheritance

For a short but interesting news report about a daughter who recently received a large inheritance from her mother, watch A Mother's Last Gift, CNN.com.

What I find interesting about this report is that the daughter claims to be grieving her mom's death and feeling guilty about spending her mom's money but she has already quit her job.  Perhaps her story demonstrates why it is important for parents to leave property in trust for their children rather than leaving it to them outright.

May 8, 2008 in Estate Planning - Generally | Permalink

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