What Is Disclaiming an Inheritance? Disclaiming an inheritance is the process of legally giving up one's right to receive a bequest or inheritance. It is a refusal to accept the inheritance that has ...

If you just lost a loved one, you’re probably focused on dealing with your loss instead of what to do with an inheritance. But at some point, you’ll need to figure out a plan for the money and/or ...

In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a financial windfall? And inheritances can certainly be life-altering events. But ...

When my father passed away in 2013, my sister and I learned that we were the joint beneficiaries of his life insurance policy. We knew that Dad intended this money as a strings-free gift. His final ...

More Americans are planning to leave a financial gift for their loved ones or a donation to a charitable organization, but are too many people pinning their financial security on receiving an ...

Every week, Allworth Financial’s Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those ...

An inheritance won’t affect your Medicare eligibility or benefits, but the extra income could raise some premiums or affect your eligibility for income-based programs. Medicare rules can be complex.

While only a handful of states impose a true inheritance tax, no inheritance tax doesn't mean that heirs get off scot-free.