How luxury homeowners are preparing their children for the great wealth transfer.

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...

Inheriting a house with a mortgage makes an already difficult time more stressful. Unfortunately, it usually happens when you ...

Inheriting an IRA from someone who was not your spouse can feel like a financial gift — until you meet the maze of rules with ...

If you know you’re receiving an inheritance, you’ve seen the estate documents, your benefactors have given you a specific ...

If you inherited an IRA from someone who died in 2019 or earlier, you're probably confused about the rules. You're ...

Even a modest inheritance like $50,000 has the power to positively change your life over the long term—provided you use it wisely.

Inheriting a retirement account is supposed to feel like security, not a tax trap. Yet the current inherited IRA regime can ...

Peter Coughlin of Berkshire Money Management recently wrote a blog post that landed with me: Families do not lose wealth only ...

The IRS has a lot of complex rules around non-spouse heirs inheriting an IRA. Failing to understand and adhere to those rules can result in paying more taxes than you need to and, perhaps worse, ...

SECURE 2.0 raised the RMD age to 73 for those turning 72 in 2023 or later. It rises to 75 in 2033. Non-spouse beneficiaries who inherited IRAs after 2019 must take annual RMDs in years 1-9 if the ...

As tax rates are expected to rise and the federal deficit reaches historic highs, many Americans approaching retirement are reevaluating how their savings will be taxed in the years ahead. One of the ...