Receiving a large financial windfall like an inheritance isn’t something to take lightly. While you might be tempted to immediately spend your new funds, experts recommend taking a moment to analyze ...

Some estimates suggest that around $70 trillion in assets will pass down from older generations to younger generations in the next two decades. If you're on the receiving end of some additional wealth ...

Thanks to the 7-year rule, some people can say goodbye to Inheritance Tax, as it will allow some assets to be exempt from tax ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Estate taxes and inheritance taxes are often discussed as if they're the same thing, but in reality they are very different in concept and practice. If you're worried about paying estate or ...

“What should I do with the money I inherited from my mom?” my friend texted me. “The check has been sitting on my sideboard for two months.” Her paralysis is understandable. Many people who inherit ...

Using your inheritance to buy a yacht is not likely a good way to maximize the value of your windfall. You may have a friend, or two, who has blown a large inheritance. Some of you may have also seen ...