- Chapter 12 -
The Family Inheritance
Avoid problems in family inheritance caused by sibling rivalries, greed, spouses and lawyers. Examples of failures and successes. Amicable distribution of personal effects. Don't bind heirs. Don't force children into a business or to preserve a physical asset. Use trusts and phase distribution.
One of the ugliest displays of human behavior takes place when heirs start fighting over an estate. Old sibling rivalries and antagonisms can erupt, and greed enters the picture. Perhaps spouses of the heirs join the fray, and other in-laws. Finally, the trouble starts if they all begin to hire lawyers, and one attorney says, "Don't let them get away with that. We can beat them in court."
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