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Inheritances

56% of Americans say their parents never discussed money with them.

by Merchant Moller
56% of Americans say their parents never discussed money with them.

10’000 Hours | Digitalvision | Getty Images As families gather for Thanksgiving this year, money is one topic that likely won’t be discussed. Yet experts say it’s a perfect time …

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How to reduce taxes on your inherited individual retirement account

by Merchant Moller
How to reduce taxes on your inherited individual retirement account

Laylabird | E+ | Getty Images Inherited individual retirement accounts can be a financial boost for heirs, but the windfall can trigger tax issues, experts say. Withdrawals from pretax inherited …

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Inheritance brings more wealth to billionaires than entrepreneurship

by Merchant Moller
Inheritance brings more wealth to billionaires than entrepreneurship

Super yacht moored at South Dock, at the heart of Canary Wharf financial district on 7th February 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images …

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