Last updated 2/20/2025 When you inherit an IRA from your spouse, meaning you are specifically named as a beneficiary (not a trust that you are the beneficiary of), you’ll be faced with a set of…
Read More
Guide: Inheriting an IRA from a Parent
Inheriting substantial assets from a parent is becoming quite common, especially if you are a part of the Baby Boomer generation. This is largely due to the tremendous savings habits of the generations that…
Read More
How Capital Gains Tax Works
UPDATED 01/12/2024 In addition to state and federal taxes on income, there may also be taxes on the increase in value when individually owned property, aka a capital asset is sold. This is commonly referred…
Read More