An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky. If you inherit property or assets, as opposed to cash, you generally don’t owe ...

Anyone who has inherited property, especially if they’re approaching retirement or already in it, knows it can be a blessing and a challenge. You may have a sentimental attachment to the property and ...

Although a thoughtful and generous gift from a loved one, inheriting property can stir up many emotions, blending fond memories with the uncertainty of managing an unexpected asset. Deciding whether ...

Dear Liz: I own several properties. I have a living trust that names my two minor children as beneficiaries. I’ve told my attorney that I want to transfer the properties to my children using the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...