Key steps, taxes and family considerations of inherited property.

We inherited my mother-in-law’s house when she passed. The house is paid off, there’s no mortgage. The deed is in my name. I have been thinking that this house is a better fit for me now than the one ...

Inheritance Funding reports that an inheritance advance can help pay off debt, but consider costs, emergencies, and potential claims before proceeding.

A teacher planned to save her small inheritance for emergencies. Her brother's pushback revealed a blind spot most Americans have in their financial planning. Here's what the experts say.

Therefore, with careful planning, you can prevent the emotional and even family-destroying fights that can happen with some of the worst assets to inherit. If you’re able and willing to do this type ...

In this week's Money Problem, we look into a reader's capital gains query. Subscribers to our Money newsletter get a first look at this feature each week - send yours to [email protected] and we'll see ...

I do not come from money and having a large sum just sitting there freaks me out. I settled on moving these funds to a money-market account with a guaranteed return. I am more comfortable with having ...

If you inherit assets you plan to sell, there’s good news. The step-up basis at death resets the cost basis for the inherited assets to the fair market value at the time of death. This usually helps ...

Life insurance sales surged last year as families looked for ways to to pay inheritance tax bills, following the Autumn Budget announcement that more assets could be charged ...

Wealthy Brits could be at risk from a Budget tax raid – but how much money do you need to be considered wealthy in the UK?

By telling your kids that an inheritance is coming, they can enjoy it earlier. In the years when they are building a career, raising kids and buying a home, money is often tight. That’s when it’s ...

According to a recent poll, 83% support the idea that a family home should be exempt from inheritance tax, while 5% disagreed.