Losing a loved one is a challenge everyone faces eventually. Sometimes, the things they leave behind require some effort on ...

Anyone who has inherited property, especially if they’re approaching retirement or already in it, knows it can be a blessing and a challenge. You may have a sentimental attachment to the property and ...

When you receive any house property or land from your parents either by way of gift or inheritance, you won’t have to pay tax on that. But if you decide to sell it later, you will be liable to pay ...

Baby boomers hold more than $19 trillion in real estate wealth, much of which is expected to pass to their children and grandchildren over the coming decades in what some economists are calling a ...

An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky. If you inherit property or assets, as opposed to cash, you generally don’t owe ...

Getting an inheritance when a loved one dies doesn’t always feel like a windfall — especially when it’s real estate that you don’t want. If you live in a state with an inheritance tax on property, you ...

A non-resident seller of inherited property may face a 12.5% long-term capital gains tax without indexation, often pushing ...

Some people are quick to set their own rules, but they’re not so happy when you follow them, too. So, what would you do if your husband’s family protected their own assets with trusts but expected you ...

Q: I hope you can answer this question for me. We have consulted three lawyers and two accountants, and no one agrees on the answer. My brother, sister and I own a home with almost seven acres of land ...

Artist Carey Maxon was living in Brooklyn in 2015 when she received an email informing her that she had been named sole heir in a will in Italy. It was not a scam. Maxon recognized the name of the ...

Q. I inherited a modest New Jersey home in 2013, which we turned into an LLC and rented out. I own it with my cousin and we are thinking of selling it in January 2022. What should we expect for ...