Determining the Basis of Inherited Property

August 23, 2021

Presented by Ben Murphy, CPA, PFS™: The basis of property inherited upon death is traditionally known as the fair market value (FMV) on the date of the owner’s death. You may also hear the term “stepped-up basis.” Often, an asset Read More...
Inherit a home image shows a toy block wood home on grass

November 7, 2018

Questions to ask when you inherit a home is presented by Kris Maksimovich, AIF®, CRPC®: Buying a home is one of the most stressful experiences and Read More...
What do you do with a financial windfall?

July 6, 2018

By Kris Maksimovich, AIF®, CRPC®: An astounding 70% of inter-generational wealth transfers fail by the time they make it to the second generation. Read More...