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5 of the Worst Assets to Inherit

September 18, 2021

From the Kiplinger website

Over the next 30 years, Americans will transfer trillions in wealth from one generation to the next. The median inheritance in 2019 was $92,700 for someone whose parents had a college degree and $76,200 for those with parents without a college degree, according to the Federal Reserve. This is money heirs can use to boost their retirement savings, cover college expenses and build their real estate holdings.

If you’re planning to leave an inheritance to others, you’re giving them a valuable financial leg up. But you do need to be careful about what you leave behind. Some assets can cause problems, such as arguments between family members, or may have hidden costs. While you think you’re leaving something that will help, you may actually be leaving behind a headache.

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