Written by attorney Ronald Wayne Morrison Jr

3 Simple Questions to Answer When Passing Along Your ‘Hard’ Assets

Splitting up cash is simple. Splitting an antique vehicle, jewelry, or a vacation home, not so much. If you fail to prepare by answering these three questions, your family could be in for some trouble.

To kick-start the distribution discussion, here are three key questions to answer:

Additional resources provided by the author

Many households decide to push off discussions about how specific items will likely be handed down, because conversations can get emotionally charged. But, dismissing these potentially valuable assets can cause both legal challenges and family conflict in the future. Discussing these questions in advance will put you and your family on the course toward a detailed strategy.

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