06 Feb I’m a teacher. Is my retirement account subject to the inheritance tax?
Different assets may be taxed differently upon your death....
Estate Planning
03 Feb How should we manage inheritances for kids with mental health challenges?
You can structure trusts and other documents to help your heirs....
01 Feb Will Medicaid try to recover money from a 55-year-old patient?
By law, Medicaid has to try to recover funds from the estates of recipients....
01 Feb Mom has dementia. How do I manage her finances?
Start by having a discussion with your parent so they understand that you are trying to help....
31 Jan I have a joint account with my son. I added $35K. Is tax due?
It's important to understand how gifting rules could come into play....
20 Jan My mom died. Do I have a right to any of her property?
The first step is to see if the deceased person had a will....
17 Jan How much is the executor commission on this $3.24M estate?
State law sets what you can charge as an executor commission....
16 Jan Do Class C and D beneficiaries pay inheritance tax on retirement accounts?
Who pays inheritance tax is based on the relationship to the deceased....