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How can an individual shelter assets they received from an inheritance?

A will has stated that one person (non-relative) is to inherit everything ( house, car, money). Select relatives (siblings and nephews) are very likely to contest it. What should the intended recipient do with these assets before or during legal actions?

Financial Planning, Estate Planning
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June 2017

You could sell the house and the car and move that money into a personal account and start earning some interest on it. As for the money that is being inherited, if it is an investment account you could close it out and roll that into a personal investment account in your name. the bottom line is that you may not be able to stop them from getting a piece of the inheritance but you can earn a little cash on it in the meantime. If they aren't able to contest it, you will already have everything in its proper place. Good Luck!

June 2017
June 2017
June 2017