Many people assume an inheritance will simply “work itself out,” but small estate planning oversights can quietly create tax problems, family conflict, and long delays. In this episode, we explain how inheritances actually work—and how to plan so money goes where you intend without unnecessary friction.

Chapters:
00:00 Inheritance Planning Intro
00:38 Lincoln Without a Will
01:22 Wills Titles Beneficiaries
05:37 Trust Funding Pitfalls
07:54 Probate Costs Privacy
10:41 Executor Duties Checklist
35:20 Sandwich Generation Choices
36:25 Gifting While Living
39:14 Should Kids Know
43:06 Inherited IRA Tax Rules
49:43 Step Up and In Kind
58:28 Fiduciaries and Estate Updates

Links & resources from this episode:

- Visit our website: https://makingretirementmakesense.com

- Cerulli article:https://www.cerulli.com/press-releases/cerulli-anticipates-124-trillion-in-wealth-will-transfer-through-2048

Find the full audio show wherever you get your podcasts: 

Apple — https://podcasts.apple.com/us/podcast/making-retirement-make-sense/id1865029561

Spotify — https://open.spotify.com/show/2eOvIUMulgZUzUTGpzYrts

LIKE & SUBSCRIBE for new videos every week: https://www.youtube.com/@MakingRetirementMakeSense

Follow Making Retirement Make Sense on all social platforms:

- Facebook: https://www.facebook.com/profile.php?id=61580093698229

- LinkedIn: https://www.linkedin.com/company/MakingRetirementMakeSense/

- X: https://x.com/MRMSPodcast

Disclosure

This channel contains general educational information only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice.