Description

More and more people are getting an inheritance these days. In today's show, we answer some of the common questions people face when receiving, or planning on one day receiving, an inheritance. Hearing these questions may help you prepare ahead of time for a smooth transition of assets when the time comes.

Here are some of the questions we discuss in this episode:

• Should mom sign the house over to me when she dies?
• What is a step-up in basis?
• Can I update my late spouse’s beneficiary to be me instead of his ex?
• What do I do if I’m the only family member who wants to keep the land inherited?

For more, visit us online: http://thefinancialanswer.com