Inheriting a home or other assets raises a number of questions:
Do I want to live in the home or sell it?
How will the new asset affect my estate planning?
What happens if the property or other asset is inherited by more than one person, for instance, me and my siblings?
Will the federal or state estate taxes now apply to me?
If I sell, when’s the best time from a planning perspective?
It may sound overwhelming, but when you listen to this Life Happens Radio podcast, attorneys Aaron Connor and Lou Pierro explain the ins and outs of inheritance: how to best prepare for it, and what to do after the distribution of assets.
Lou and Aaron also cover how probate can be triggered with regard to inheritance and whether having a will or trust will prevent probate and protect your privacy in all matters.
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