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My husband and I live in Arizona, which from my understanding is a community-property state. We moved here eight years ago ...
If you inherit a tax-deferred retirement account, like an IRA or a 401(k), you’ll pay income taxes on the money when you ...
Beyond the tax implications, you need to make a smart plan for how to make the money last. An often cited statistic from a 20 ...
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or ...
Economists say a massive $100 trillion is going to be handed down by baby boomers over the next 25 years in what’s known as ...
When it comes to inheritances, financial planning is essential. Deciding on suitable investments is a big part of that process.
If you don’t know whether your adviser is a fiduciary, it may be worth looking them up on FINRA’s BrokerCheck site or the SEC ...
“Perhaps you don’t need the money, or you are trying to reduce your own inheritance tax liability,” says Ms Brett. In these ...
Isabella and Lorenzo are siblings who have faced financial difficulties throughout adulthood. Both are in their 30s — she’s a ...
After thinking it over, I agreed. I sold the house for VND6.4 billion ($240,000). I gave each of my sons VND2 billion and ...