Receiving an inheritance, whether expected or unexpected, is a bittersweet experience. While the extra money (or assets) may ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Probate Law: Judge's Gavel as a symbol of legal system, Themis is the goddess ...

“ [I]f a person holds property at death, it will receive a new basis equal to the fair market value of the property at the ...

Receiving an inheritance from a loved one is a great honor. Depending on what you receive, an inheritance has the potential to change your life. However, if it’s not managed properly, you could risk ...