Inheriting assets can carry emotional weight and financial complexity. In this episode of Retiring Today, we explain the five most common types of inherited assets and how they're taxed, transferred, and treated under current rules. Key

Takeaways:

- The five main asset types: cash, brokerage accounts, retirement accounts, real estate, and insurance/annuities.

- Why inherited IRAs come with a 10-year distribution window for non-spouses.

- How real estate gains can trigger capital gains taxes—or be excluded if handled carefully.

- The difference between inheritance, estate, and income tax at the federal and state levels.

Whether you're receiving an inheritance or planning your legacy, understanding these rules can help you make more confident, informed decisions.

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Loren Merkle

CFP®, RICP®, Certified Financial Fiduciary®

https://merkleretirementplanning.com/staff-members/loren-merkle/

Clint Huntrods

Certified Financial Fiduciary®, PhD

https://merkleretirementplanning.com/staff-members/clint-huntrods/

Molly Nelson

Host of Retiring Today with Loren Merkle

https://merkleretirementplanning.com/staff-members/molly-nelson/

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