Comment on the potential big tax hit. The hit would be strictly limited to the marginal tax rate of the inherited dollars. Worst case approximately would be you clear 1/2 of the inherited amount. That may feel like a big hit but step back and look at the big picture. You would probably be significantly better off vs the alternative. That 50%-ish is all lagniappe. The alternative would be you got none of it.
also sorry for your loss.
also sorry for your loss.
Statistics: Posted by LotsaGray — Thu May 30, 2024 1:21 am — Replies 8 — Views 940