New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

Inheriting a property is rarely as simple as a title transfer. The tax treatment depends heavily on the usage history and the ...

The Great Wealth Transfer means many may inherit homes, but high taxes, maintenance costs, and legal issues can limit real wealth gains. Learn what to expect.

Under the SECURE Act, signed into law in December 2019, most nonspouse beneficiaries must withdraw all the money from an ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

Inheriting money can be a bittersweet experience. While it’s a thoughtful gesture from a loved one, understanding how to manage the windfall can be tricky. If the inheritance includes an annuity, ...

Add Yahoo as a preferred source to see more of our stories on Google. Image Credit: Shutterstock. Receiving an inheritance, whether expected or unexpected, is a bittersweet experience. While the extra ...

Student loan debt is already a huge issue in the U.S. Find out what you can do if you inherit student loans that weren't paid ...