Inherited IRAs have a key tax change for 2025. What to know to avoid a penalty of up to 25%

There is a key change for inherited IRAs for 2025. Here's what beneficiaries need to know before year-end to avoid an IRS ...

15 Mistakes to Avoid When Handling an Inheritance

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

IRA inheritance tips: How to gift wealth, not tax headaches

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...

How can I prevent my heirs from being hit with a big tax bill when I die?

It's important to understand which kinds of taxes you may anticipate in estate planning — and how that money will be used by ...
MoneyWeek

Charitable giving and inheritance tax: 7 tips to avoid complications

Charitable giving is on the rise as some families rely on a legal loophole to lower the rate of inheritance tax they pay. But experts are warning gifting errors can lead to costly challenges, ...

I'm 70 and want to buy a home to live in with my son, how do we avoid it becoming an inheritance tax trap?

I am about to buy a house that will enable my son and daughter-in-law to move in with me so that I can be near my ...

Debt-ridden councils are demanding you hand them cash gifts you gave to your children – even if it was 20 years ago. Here’s how to avoid this hidden trap and prot…

How can you make financial gifts to your family safely, without the risk of the local authority coming for the money many ...