Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is inheritance hijacking and why is it a problem to us all?

hijacking Inheritance problem
0
Posted

What is inheritance hijacking and why is it a problem to us all?

0

[This article is an excerpt from INHERITANCE HIJACKERS: Who Wants to Steal Your Inheritance and How to Protect It, authored by Robert C. Adamski] Hijackers take control of an inheritance and divert it to an unintended recipient. Inheritance theft is similar to hijacking a truck. A person intends to transfer something-in this case wealth-to an intended recipient. However, the hijacker takes control of the wealth while it is on route to the intended recipient via a will, estate, or other means. Then the hijacker intentionally diverts the wealth to an unintended recipient. The unintended recipient of the inheritance may be the hijacker or another person, such as the hijacker’s spouse or child. The hijacked asset(s) need not be an entire estate. It may be a single bank account, annuity, insurance policy, retirement account, parcel of real estate, antiques, coin collection, jewelry, or other valuable asset. To complicate matters, the intended recipient may never know a hijacking has occurre

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123