Inheriting Municipal Bonds While I’m waiting for distribution of my dad’s estate, I keep thinking of questions that I can’t find answers to. This week’s question is about bonds. He had a lot of bonds in his brokerage account and I have the basis numbers. Some of the bonds have matured since he died. Is the cash in the brokerage account from matured bonds? What happens wit…

Inheriting my mother in laws home So my wife inherited her moms house after passing away. Her mom still owed money on it . About 300k left over on the loan . Yes the house was on the will along with my wife’s name that she will inherit after her mom passes away.. so now we are confused . Do we just keep making the payment ? Or do we have to finance it again to make it officially…

How to avoid property tax reassessment after inheriting property Illinois: What would be the best way to inherit my parents house without having the property taxes go up if I wanted to live in it, or having to pay probate taxes if I decided to sell down the line? Would I be to be added as a tenant with rights of survivorship or transfer on death deed? submitted by /u/glizzy924

Inheriting a house question If I’m left with a house having 50% of the home and 2 other people are each left with 25% of it what happens? If I want to sell it and the other 2 don’t want to how would it work? Of if 2 of us want to sell and the other does not then what? If the other 2 can’t afford to buy me out what would happen? submitted by /u/Betty20242024 …

“Inheriting” a timeshare Hello all! My fiancé’s grandparents are trying to gift us their RCI membership. Currently, they are paying $1,000 every 24 months for 77,000 “points” which translates to about 3 weeks of vacation, according to them. Their “home base” location is in Orlando, FL, near Disney world. Any insight on if we accept this gift from them? I know nothing a…

Inheriting Money. Need feedback. I have read the wiki. I have watched the Bogglehead videos. I have been hands-on with our personal financial planning since my spouse and I got together. I have no intention of making rash or poor choices. Situation: Family member passed, and left me the following: 205k in a HYSA 858k in a Fidelity account. Meeting with the person who manages …

Inheriting money from house and splitting with my sister who is on disability (supplemental social security) So my uncle has sold my grandmas house, and seeing as my father has passed, my sister and I will split the one half of the sale of the house (so my uncle gets half, and my sister and I split one half). This amounts to a decent amount of money. The problem is, my sister is on disability, meaning she is not able to save this money without losing h…

Inheriting Money. What should I do? I’m (25M) inheriting money from a distant relative who has died. It’s about 135k in an individual account and 35k in an IRA. I have about 7k in my bank account and 15k in an Acorns investment account. I own a good car, have no debt, I live with family for basically free. I have no degree and make about 35k a year before taxes right now. I’m at a…