Inheritance
News, insights and expert analysis on inheritance from the team at Kiplinger.
Latest
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The Great 'Horizontal' Wealth Transfer: Spouses Inherit FirstBefore it reaches younger heirs, $54 trillion will move horizontally to surviving spouses. Here is how to prepare.
By Donna Fuscaldo
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You Were Given Financial Power of Attorney. What Does That Mean?Being named a financial power of attorney (FPOA) is an honor, but it can also be a heavy lift. Know your fiduciary duties and why standard POAs don't cover Social Security or Medicare.
By Donna LeValley
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IRS Is Taking a Closer Look at Trusts: What It Means for Estate PlanningTax Law A high-profile tax case is shining a light on how the IRS may view certain estate planning strategies.
By Kelley R. Taylor
Tax Law -
6 Steps to Choosing an ExecutorDefaulting to the oldest child isn't always the best move. Follow these guidelines to select a trustworthy executor and keep the peace among your heirs.
By Donna LeValley
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How the IRS Values (and Audits) an Inherited HomeInheritances Talking to your kids about a proper home valuation can save them from unexpected IRS penalties and capital gains taxes.
By Kate Schubel
Inheritances -
How to Keep an Inheritance From Tearing You and Your Siblings ApartInheritance can create tension between siblings. Financial therapists share practical ways parents and adult children can prevent conflict before it starts.
By Sean Jackson
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Essential Financial To-Dos for 11 of Life’s Big MilestonesSome milestone moments are cause for popping some bubbly and calling your accountant. These are the financial considerations that accompany certain life events.
By Mary Ware, CFP®, CIMA®, CDFA®
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Why Leaving an Equal Inheritance to Your Children Could BackfireAlthough equal splits look fair on paper, they can ignore lifetime gifts, different needs or hard-to-divide assets and leave siblings fighting long after you’re gone.
By Kathryn Pomroy
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Will You Grow or Blow Your Family Legacy?Inheriting money or stocks is life-changing, but it comes with a big responsibility. Take our quiz to see if you're ready to invest your new windfall wisely.
By Karee Venema
