Q: I hope you can answer this question for me. We have consulted three lawyers and two accountants, and no one agrees on the answer. My brother, sister and I own a home with almost seven acres of land ...

Q: I hope you can answer this question for me. We have consulted three lawyers and two accountants, and no one agrees on the answer. My brother, sister and I own a home with almost seven acres of land ...

Dear Monty: My dad and mom owned a beach property with my mom's sister. When she passed away two and a half years ago, her son inherited it. They are presently trying to sell the property, and my ...

An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky. If you inherit property or assets, as opposed to cash, you generally don’t owe ...

Receiving property when someone dies can come with unexpected financial burdens, particularly taxes like estate and inheritance, and capital gains tax, which applies to the profits made from selling ...

When you receive any house property or land from your parents either by way of gift or inheritance, you won’t have to pay tax on that. But if you decide to sell it later, you will be liable to pay ...

Anyone who has inherited property, especially if they’re approaching retirement or already in it, knows it can be a blessing and a challenge. You may have a sentimental attachment to the property and ...

Baby boomers hold more than $19 trillion in real estate wealth, much of which is expected to pass to their children and grandchildren over the coming decades in what some economists are calling a ...