4 Smart Things to Do When You Get an Inheritance
Landmark MM INC Coming into a windfall? Here's how to make the most of it. The post 4 Smart Things to Do When You Get an Inheritance appeared first on Discover Bank -…
How to Avoid Paying Taxes on Inherited Property
Inheriting a home or other property can increase the value of your estate but it can also result in tax consequences. If the property you inherit has appreciated in value…
Joint and Survivorship Insurance: What You Need to Know
A joint insurance policy is one taken by two people, offering benefits that arenât provided by single policies and allow you to save a few bucks in monthly premiums. If…
How to Avoid a Prepayment Penalty When Paying Off a Loan
Look at you, so responsible. You received a financial windfall â stimulus check, tax refund, work bonus, inheritance, whatever â and youâre using it to pay off one of your…
A Guide to Schedule K-1 (Form 1041)
Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiaryâs share of an estate or…