08 Jun Who gets life insurance payout when the beneficiary dies?
It's based on timing and who survived the policyholder....
07 Jun What happens to taxes after I’m added to a bank account?
The original account owner is responsible for taxes on the account. ...
07 Jun Will we owe the exit tax when we sell this home?
The exit tax is an estimated tax based on a home sale. ...
04 Jun What’s the best way to save money for my grandchildren?
A child with a custodial account will gain control at the age of majority. ...
04 Jun What happens to my house if I go into a nursing home?
Medicaid has a five-year look back period for your assets. ...
03 Jun Can I avoid a tax bill when I cash savings bonds?
Taxes will be due on accumulated bond interest, but with estates, it's complicated. ...
03 Jun Will I owe taxes on this inheritance from N.Y.?
New York has an estate tax, but not an inheritance tax. ...
02 Jun I can barely make my student loan payments. What to do?
You can take efforts to lower your monthly student loan payments....
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 What happens when we sell a house with mixed ownership?
There are rules to determine how much tax is owed on a home sale. ...