I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it’s ...

To determine if the sale of an inherited property is subject to taxes, establishing your basis in the property is crucial. Generally, the basis is the fair market value (FMV) of the property on the ...

Inheriting property can feel like both a blessing and a burden. You're dealing with loss, memories, and suddenly there's a mountain of paperwork with tax implications you never anticipated. The IRS ...

Spouses who are the account’s sole beneficiary have the most and best choices Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, ...

Rob Reiner’s son Nick Reiner was likely set to inherit millions from his famous father, but legal experts explain to Us that he won’t see a dime following his arrest for murder. Former federal ...

When his wife, Kathy, inherited a $246,000 traditional individual retirement account from her mother last year, Brian Creighton said they felt blessed and wanted to be good stewards of the money. The ...

Yes, celiac disease is a hereditary genetic condition. People with a first-degree relative, such as a parent, child, or sibling, have a 10% higher risk of developing celiac disease, according to the ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. MoMo Productions / Getty Images Your 401(k) passes to the person you ...