I’ve Inherited an IRA – Now, What about Taxes?
One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.
One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give you a do-over.
There are several tax concepts that are important for real estate investors, but for many people, step-up in basis is one of the least understood.
I don’t understand why my husband, who had nothing to do with buying my home, can have any claim to it when I die. Is there any way my son can get my home, instead of my husband?
An ethical will—also referred to as a legacy letter—can be a valuable complement to your legal will, as well as a wonderful gift to your family or other loved ones.
The search tool can connect your older loved one with assistance that can help to pay for housing, medication, food, medical services, utilities, transportation and other necessities.
As our children with disabilities grow older, and we ourselves grow older, the future can seem daunting. The future can be overwhelming.
Talking about money is hard. Talking to your parents about their financial situation can be even harder.
One of the most important decisions you face when creating a trust, is the choosing of the right trustee.
Many people equate estate planning with older people who have more assets and more to protect. However, that doesn’t mean younger people should ignore the benefits of estate planning. According to Caring.com, only 34% of adults ages 35 to 44 have a will and 18% of adults ages 18 to 34 have one.
In many relationships, it’s common for one spouse to play money manager and the other to take a more passive role. This, however, can lead to major complications, when the financially dominant partner dies first.