03 Jun Will I owe taxes on this inheritance from N.Y.?
New York has an estate tax, but not an inheritance tax. ...
Estate Planning
01 Jun I inherited a Roth IRA. Will I owe taxes on it?
The rules for distributions from inherited IRAs have changed in recent years. ...
01 Jun Who gets this inherited IRA after the beneficiary dies?
Beneficiary designations and a will are going to determine who gets the money. ...
27 May My father wants to change his will but he’s sick. What’s next?
Anyone can contest a will, but you can increase chances your wishes are followed. ...
26 May When will Medicaid recover funds from this estate?
Medicaid will try to recover funds from your estate after your death. ...
21 May Should mom convert her IRA so we save on taxes?
There are several consequences when you convert an IRA. ...
13 May Who inherits this IRA after the beneficiary dies?
Beneficiary designations of the language of the will dictates how an inheritance is distributed. ...
10 May Will there be a step-up in basis for this inheritance?
Certain inheritances will have a tax advantage while others do not. ...