27 Dec What’s the cost basis for an inherited brokerage account?
The value on the date of death is what's important here....
22 Dec My kids are brats. I don’t want them to inherit. What’s next?
You can take steps to make sure your money goes where you want after you die. ...
17 Dec How can I avoid the inheritance tax for my nephews?
The inheritance tax is levied based the heir's relationship to the deceased. ...
15 Dec Will there be a tax when this inherited home is sold?
Several potential taxes come to play when an inherited home is sold. ...
14 Dec What happens to a custodial account when a minor child dies?
Assets without beneficiaries go to the deceased person's estate. ...
09 Dec How can I leave my money to my minor grandchildren when I die?
Proper estate planning will ensure your wishes are followed after you die. ...
07 Dec Mom died. Can my sister hire an attorney to manage the estate?
The specifics of a will is going to tell you what can be done. ...
07 Dec My partner needs Medicaid. What about our house with a reverse mortgage?
You have to spend down most assets to qualify for Medicaid....
30 Nov Do I have to pay tax on this inheritance from my aunt?
The inheritance tax is based on the relationship between the beneficiary and the deceased....
30 Nov I have an inherited IRA. How soon do I have to take distributions?
The rules for new inherited IRA distributions have changed. ...