Inherited property

4 votes

Would like to see a flow chart on inheriting property from a spouse and/or non-spouse.

Done Suggested by: Brittany Benassi (30 Sep, '20) • Upvoted: 15 Sep, '22 • Comments: 1

Comments: 1

25 Aug, '21
Andrew
Clients have questions on how they will be taxed on property they inherit from their parents. House, bank accounts, IRA's, annuities, life insurance, brokerage accounts, land, etc.

A simple one or two-pager that goes over the difference types of accounts to inherit (pre-tax, tax-free, taxable, etc) and any additional things to consider (10 year payout, stretch, step-up).