Selling a home you inherit can trigger capital gains taxes, though you might not owe anything if you sell right away. If you live in the property for a couple of years before selling, you might be ...

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 ...

Advice offered by Marc Hebert, president of The Harbor Group Inc., a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email ...

LAKE CHARLES, La. (KPLC) - Legal Corner answers viewers’ civil legal questions. QUESTION: Can my siblings and I legally relinquish the ownership of property we inherited from our deceased father? If ...

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, ...

As of June 2025, a new federal law passed that will prohibit children from inheriting their deceased parents' houses beginning in January 2026. Text over the footage read: "You won't be allowed to ...