For example, if someone like a teacher, employer or even distant relative helped you succeed in life, you may want to leave them a financial reward in the form of an inheritance.

Home Retirement Estate Planning Leaving an Inheritance? Is It Better to Give to Kids Now or Later? Retirees should secure themselves first, and if you’re all set there, then consider a few other ...

Additionally, you'll have no power to decide where the inheritance goes after you decline it. The assets are passed down to ...