Inheritance
News, insights and expert analysis on inheritance from the team at Kiplinger.
Latest
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How Your Inheritance Actually Gets Taxed: From Stepped-Up Basis to IRA RulesMost inheritances won’t trigger a federal income tax bill. But what you inherit and what happens afterward mean other tax rules could come into play.
By Chrissy Paradis
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Inherited Annuity? How to Avoid a Tax Bomb as a Non-SpouseWhen inheriting an annuity, a beneficiary who isn't a spouse can face a big tax bill. Choosing annuitization or the "stretch" option lets you soften the blow.
By Ken Nuss
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4 Practical Ways to Prepare Your Kids for Their InheritanceThese steps can help you ensure that the wealth your children or grandchildren inherit is a catalyst for opportunity rather than a source of conflict.
By Chad Maggard, CFA®
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The Estate Planning Mistake That Triggers Family FeudsWhile legal and tax strategies are essential for transferring wealth, the more critical step is ensuring your family knows what's coming, how and why.
By John P. Micera
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Estate Planning for Singles: 10 Things to KnowHere's how to navigate estate planning as a single person.
By David Rodeck
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How to Pass Down Wealth Without Destroying AmbitionParents planning to leave money to their children fear one thing: Will wealth make their character or break it? There are some practical ways to find out.
By Mallon FitzPatrick, CFP®, AEP®, CLU®
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5 Key Components of an Estate Plan — and 7 Others to ConsiderWhatever your circumstances, you can take these steps to build an estate plan that benefits both you and your loved ones.
By David Rodeck
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How to Strengthen Your Charitable Impact and LegacyIf you want to use an inheritance to create a charitable legacy, how can you ensure younger generations will carry your wishes forward?
By Mark Froehlich, CPA, MBA
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Retirement in Jeopardy? How to Manage the Bank of Mom & DadThis plan for Gen X parents running the Bank of Mom & Dad can help you get a handle on how to manage the financial support you give your adult children.
By Dr. Preston Cherry, CFP®
