Disinheriting with a Dollar: Fact or Fiction

Disinheriting with a Dollar: Fact or Fiction

Occasionally, a client wants to disinherit a family member.  This could be for a variety of reasons: the family member does not need the money, the family member is a bad apple, or there is someone else who needs the inheritance more.  

There is a popular misconception that the client must leave these disinherited individuals an inheritance of $1.00.  Such a bequest is completely unnecessary and could actually cost your estate.

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