Tag: wills

Older man looking contemplative out a window

How to get seniors to spend $12 trillion in home equity. Recently, I read an opinion column arguing that older Americans are hoarding the nation’s wealth and housing stock. To reduce their power, the author suggested things like the reintroduction of mandatory retirement ages or the creation of a progressive tax on homes to encourag…

Great granddaughter kissing great grandmother on cheek

If Black families wrote wills at the same rate as white, how much would it help? Having a will is really important.  In the absence of a will, a decedent’s assets are distributed  according to state intestacy law.  These rules work fine for traditional families, but can result in the wrong outcome when the intended…