A Reddit user inherited $200,000 recently and is trying to figure out how to best use the funds to enable early retirement.

A client who passes the assets to an older generation could get them back or have them transferred to children at a step-up ...

Transitioning the Trust to its own EIN led to a significant tax increase, prompting a full portfolio and tax strategy review.

No one wants to pay more in taxes than they have to. Here are nine IRS-approved strategies the wealthy use to pay less in ...

After losing both her husband and father within two years, Ana turned to spending as a way to cope with overwhelming grief. Travel, shopping, and dining out became temporary comforts — but they also ...

Roth conversions, especially when combined with smart structuring techniques like this, can be one of the most impactful ...

A 66-year-old retiree is facing a dilemma that might sound familiar to anyone considering adding a little adventure to their retirement years: should he tap into his IRA to pay cash for a vacation ...

You don’t have to choose just one. Life insurance and Roth IRAs can work in tandem to provide retirement income.

If you have no one to look after your children’s interests, then you’ll need to consider hiring a professional fiduciary or ...

With prices going up on everything, you may be looking for a cheaper place to live. To truly evaluate costs, take a hard look ...

Using the IRS tool can help, but it won’t answer all your questions. It's best to work with a lawyer in the end.

Different beneficiaries have different rules. Spouse beneficiaries will ultimately have much more flexibility with how they utilize an inherited IRA. Spouses can spread withdrawals from the account ...