An inheritance in the form of cash, real property, jewelry, or stocks can enrich your life in many ways. But bequests -- depending on the type and amount -- can have a profound impact on your ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Daniel Liberto is a journalist with over 10 years of experience working with ...

Using your inheritance to buy a yacht is not likely a good way to maximize the value of your windfall. You may have a friend, or two, who has blown a large inheritance. Some of you may have also seen ...

If so, you’re not alone. One of the most common concerns, Jordan McFarland, certified financial planner at SageSpring Wealth Partners, hears from his wealthier clients is that significant wealth could ...

Research Summary: This paper develops an inheritance theory explaining the diffusion and persistence of detrimental management practice. Received wisdom, in both management theory and practice, would ...