03 Jan If I leave this house to my sister, will she owe inheritance tax?
The state's inheritance tax is based on your relationship to the person who dies....
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. ...
11 Sep I’m inheriting two IRAs. What happens with the pension exclusion?
You might be able to avoid income tax if you qualify for the pension exclusion...
22 Jul Can you clear up this inheritance tax confusion?
Figuring out taxes for an estate can be complicated....
19 Jul How are estate taxes paid after someone dies?
If you're the executor, be sure to take care of all tax liabilities. ...
19 Jun I inherited my friend’s estate. Can we talk taxes?
Estate taxes, inheritance taxes, income taxes. Oh my. ...
20 May How can I get money from this account after co-owner died?
Putting someone's name on your account can have unintended consequences....
10 May Mom left us her home. Can we transfer our shares to one sibling?
There are tax considerations before you gift assets or property....