Dividing Up Assets After Death

Thumbnail Image
Date
2017-08-11
Authors
Harl, Neil
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
Organizational Unit
Iowa State University Digital Repository
The Iowa State University Digital Repository is the open access institutional repository for the university to collect, manage, share, and preserve free, worldwide access to research and scholarship of Iowa State faculty, staff, and students. Material in the Digital Repository covers a wide range of disciplines from engineering to social sciences to arts and humanities.
Journal Issue
Is Version Of
Versions
Series
Department
Iowa State University Digital Repository
Abstract

Dividing assets after death rarely poses a problem although there may be hurt feelings for years among those getting less than a proportionate share of the estate. The problems, if they develop in dividing up assets after death, usually arise where the parents left undivided interests in assets, particularly if the assets are of unequal value and an equal division is difficult or impossible to achieve. That could occur with one-of-a-kind personal property items or of farmland with widely varying productivity and value. Unfortunately, none of the alternatives will assure that all parties will be completely satisfied. However, some of the options score higher than others. With careful pre-death planning and full disclosure as to why the division of assets is planned, the level of satisfaction can be elevated significantly.

Comments
Description
Keywords
Citation
DOI
Source
Copyright
Collections