06 Jan Jan. 6, 2025

One homeowner who is planning to leave their house to their sibling asked if they’d have to pay the an inheritance tax.

If you inherit a home, and then you receive an ANCHOR benefit in the name of the deceased owner, can you get the state to cut you a new check in your name? That’s not how it works.

Another reader asked if they would lose the ANCHOR benefit if they put their home in a trust.

Reverse mortgages can be a way to get cash out of your house. But it’s not a simple or inconsequential thing to do. We covered what you should consider before getting one.

See all that and more in this week’s eNewsletter.