W ork hard, children are told, and you will succeed. In recent decades this advice served the talented and the diligent well.

The typical heir is someone inheriting a normal house, or the proceeds from its sale, not a superyacht or a country pile. And housing wealth has rocketed in recent decades, especially in apex ...

Not only have you inherited your parents’ portfolio, you’ve also inherited their long-time advisor. You’ll have to decide for ...

Inheriting a portfolio of shares or investment funds and trusts can be a boon that transforms your finances. But however welcome the bequest, there is much to investigate and decide on when taking ...

Inheriting a property with a reverse mortgage depends on several factors, including when it originated. A widow or widower could potentially lose the home upon their spouse’s death.

You essentially are inheriting two different accounts. I address handling the traditional 401(k)s pre-tax savings in Avoid Making Costly Moves With A Non-Spouse Inherited 401(k). The 401(k ...

You are not able to make more contributions to the account after inheriting it. In addition, you will need to take distributions according to specific rules, which vary based on your age and ...

Inheriting a Roth IRA avoids probate if the deceased listed you as a beneficiary. Spouses inheriting Roth IRAs can treat them as their own; others face a 10-year withdrawal limit. Non-spousal ...