Nearly $5 trillion will be passed on over the next decade. But advisers warn it’s easy to fumble a pricey portfolio if you’re not careful.
Lucy DeanWealth reporter
orSubscribeto save article
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Already a subscriber?
When Susan Smith’s husband died last year, she was surprised to find she had inherited a share portfolio worth $900,000.
Smith, who asked for her real name not to be used for fear of being targeted by scammers, and the man had had an acrimonious uncoupling 30 years earlier but had never formally divorced, and he’d never had a will. So Smith needed to find a way to transfer the wealth to their two children – and do so fairly, once tax was considered.
Loading...
orSubscribeto save article
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Already a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Investing
Fetching latest articles