Succession planning: Deciding where your money goes

For some, the question of leaving a monetary inheritance will crop up at some point. What do you do with your money once you die? When it comes to inheritance, Jonny and I are pragmatic and have a very simple plan: it goes to our daughter, and she can use it however she sees fit. In some ways, we have it easy. She is next in line, so it feels logical that we would leave her our money. But a recent…