Heir ponders tax implications on inheritance if split with sibling
Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency
Q: My mom recently passed away. She was 91. We sold her condo this year while she was still…
Browsing Tag
gift tax
Each state has its own rules governing estate taxes
Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency
Q: Your answer to the reader about inheritance taxes in Pennsylvania addressed the questions…
Father trying to help children cope with financial stress of managing estate
Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency
Q: My wife’s father is close to death and he has moved all of his investments into his bank in…
Sibling hopes to inherit property without triggering taxes. Is it possible?
Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency
Q: I have an elderly sister in Pennsylvania who owns her home. It is worth around $70,000.…
Parents concerned about selling property to child due to capital gains taxes
The reasons for transferring ownership to children vary. Sometimes parents move out of their homes (or buy a second home), move away and want the home to stay within the family. In other…