Planning for retirement requires a road map that is unique to each individual. The expectation of guaranteed income from employer-sponsored pension plans or public safety nets is dwindling away.

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 ...

Bari Tessler is a financial therapist who helps clients navigate issues like inheritance. She shared tips she often gives them to help them understand their relationship with money. Tessler recommends ...

Picture this: A hard-working family made the small-business leap of faith. For years, they burned candles on both ends, flirted with bankruptcy, and finally woke up one day with a net worth beyond ...

Over the next decade, millennials are expected to inherit over $68 trillion from their baby boomer parents, according to an Oct. 2019 study from real estate firm Coldwell Banker. If this prediction ...

In what’s being described as the Great Wealth Transfer, economists project that more than $100 trillion of wealth will pass from the baby boomer generation to their children over the next 25 years. As ...

What would you do if you inherited a significant chunk of cash? With baby boomers projected to pass down over $84 trillion to their heirs over the next two decades in what’s called the “great wealth ...

An inheritance won’t affect your Medicare eligibility or benefits, but the extra income could raise some premiums or affect your eligibility for income-based programs. Medicare rules can be complex.