I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it’s ...
To determine if the sale of an inherited property is subject to taxes, establishing your basis in the property is crucial. Generally, the basis is the fair market value (FMV) of the property on the ...
As an editor and writer who has contributed to many national and local publications, Nicole Gregory enjoys communicating clearly on critical health topics so that readers can make informed choices for ...
Inheriting property can feel like both a blessing and a burden. You're dealing with loss, memories, and suddenly there's a mountain of paperwork with tax implications you never anticipated. The IRS ...
Rob Reiner’s son Nick Reiner was likely set to inherit millions from his famous father, but legal experts explain to Us that he won’t see a dime following his arrest for murder. Former federal ...
When one woman inherited her parents’ home, she unknowingly inherited their feud with the neighbors, too Tereza Shkurtaj is a writer-reporter at PEOPLE. She has been working for PEOPLE since 2025. Her ...
When his wife, Kathy, inherited a $246,000 traditional individual retirement account from her mother last year, Brian Creighton said they felt blessed and wanted to be good stewards of the money. The ...
Yes, celiac disease is a hereditary genetic condition. People with a first-degree relative, such as a parent, child, or sibling, have a 10% higher risk of developing celiac disease, according to the ...
Collecting classic cars is fun and all, but it's also a lot of work. Maintaining a massive garage packed with vehicles of various marques and nameplates isn't easy. And it's not exactly affordable ...