Kiplinger on MSN

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
AOL

Protecting Your Legacy: How an Inheritance Trust Keeps Money in the Family

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Inheritance trusts take on critical importance in wealth management, particularly for ...

Should You Ever Name A Trust As Your IRA Beneficiary?

There are 5 times you may want to name your trust as an IRA beneficiary. Is most other scenarios this could be a huge estate ...

I'm Embarrassed to Ask: What Is a Life Insurance Trust?

Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance.
The Motley Fool

Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

Living trusts provide exceptional flexibilty and control in estate planning. Some trusts can help minimize tax liability, but not every trust offers those benefits. Those features need to be weighed ...
MarketWatch

‘I trust that my husband isn’t a gold digger’: I’m inheriting millions of dollars. My husband says I’m ‘selfish’ to keep it. Should I share it?

My family is small. My uncle, my 74-year-old dad, and my twin sister and I are the only ones left. My mom died 17 years ago. My uncle is worth at least $2 million, probably more. My dad has at least ...
The Motley Fool

Is a Living Trust Really the Best Way to Pass an Inheritance To Your Family?

A living trust can be modified while the trustor is still living. Using a living trust helps people avoid the probate process. A will may be the better option for people with simple estates. Living ...