30 Dec Do I lose ANCHOR and other benefits with a house in a trust?
The specifics of the trust matter so it's worth meeting with a professional....
28 Dec Why won’t the bank release part of this inherited account?
Banks must follow certain rules with accounts held by people who died. ...
26 Dec How can I maximize my kids’ inheritance from these IRAs?
There are strategies to use, but the IRS will want its part eventually. ...
23 Dec How much can I gift my kids for the holidays?
You can give as much as you want, but you may have to report it to the IRS....
20 Dec I inherited this IRA and annuity. When do I have to take the money?
There are several factors that determine how you should treat inherited assets. ...
19 Dec How much will I owe in state tax on this inherited IRA?
If it's not a Roth, the government will want its tax bite....
18 Dec Does a gift have to be reported as income?
How much you give matters, but not for income taxes....
17 Dec Does a deed have to be changed to get property tax benefits?
There are pros to changing a deed after someone dies. ...
12 Dec Can someone other than heirs manage money when we’re gone?
There are several ways to manage your estate after you die. ...
02 Dec My dad died. Can I cash his ANCHOR check?
The ANCHOR property tax benefit is paid for past years. ...