An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

Question: “I am 66 years old. I never had a financial adviser until my sister left me an inheritance eight years ago. In that time, the first adviser changed firms three times before going out on his ...

The death of a parent is a difficult time, bringing out strong emotions and highlighting any family conflict. Add to that the distribution of assets, and there’s the strong potential for family strife ...