If you’re biding your time until Mom or Dad or that rich uncle dies, passing their wealth to you, then prepare yourself for a ...

For some, it’s about accepting a windfall late in life and trying to make the money stretch. Let’s say, for example, that you ...

My dad passed away last year. He had a very standard will that he made with his fourth wife 25 years ago. He sent me a letter ...

Losing a family member can be beyond devastating. And while inhering money is a nice thing, it often comes with a degree of ...

One of the biggest challenges anyone can face financially is how to handle an inheritance in the best possible way.

If you stop and think about what life would be like if you had more than enough money, it’s okay to believe life would be ...

However, having a prenup doesn’t offer you complete protection. Since you inherited money, it is considered separate property in the marriage. As long as you keep it separate and you do not ...

The estate tax is levied on the things the deceased owns or has certain interests in when they die and the money is taken from the estate. The inheritance tax is paid by the heirs. The federal ...

The next two decades will witness the greatest wealth transfer in U.S. history as trillions of dollars move from one generation to the next.

However, things are getting a little questionable because the wife had inherited money in the past, and when this happened, the wife didn’t give her husband a say in anything. At the time ...

And there are two you should be aware of: the estate tax and inheritance tax. Many people think they’re the same, but they ...