Your 401(k) passes to the person you name on a beneficiary form—not through your will. Spouses and non-spouses face different rules and tax implications when inheriting a 401(k). Forgetting to update ...

If your heir dies, what happens next? This is an issue that comes up in estate law. If not frequent, it is certainly not rare. After you write your will, what happens if your heirs die before they can ...

Inheritance taxes are taxes that a person needs to pay on money or property they have inherited after the death of a loved one. Here are the basics. An inheritance tax is a state tax that you pay when ...

A quick and easy paperwork change could avoid your children paying inheritance tax on your pension if you act now. Here’s how ...

The grieving process is always challenging. But for many families, the slow legal process of distributing an inheritance compounds emotional pain with financial uncertainty. When pressing needs for ...

A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...

The Secure Act has eliminated the stretch IRA for most people who are inheriting an IRA or 401(k). Now, beneficiaries who inherit an IRA will need to follow the 10-year rule, which can significantly ...

Inheriting money can be a bittersweet experience. While it’s a thoughtful gesture from a loved one, understanding how to ...

Q. My mother-in-law passed away last December and left a small estate for the family to share. After reading the tax forms, I’m not sure if the estate requires a filing. All of the beneficiaries are ...

Q. A bank is not releasing a checking account, savings account, CDs and two IRAs, which I inherited from my cousin, saying I am considered a Class A beneficiary and I need a inherited waiver — Form ...