Finish Big-Money Gifts in 2012

Dear Mr. Premack: Years ago my husband inherited ranch land from his parents, when it had very little monetary value. My husband died this year and left the land to me. I have no desire to keep the land. My two daughters also have no interest in the land. I listed it for sale and…

Is fifty year old will still viable?

Dear Mr. Premack: About fifty years ago, my husband and I had reciprocal wills drawn up. About fifteen years ago, my husband received an inheritance and started making remarks about leaving his inherited property to his nephew. I have children from a previous marriage who were legally adopted by my husband, and I also have…