Inheritance & Estate
“I came into an inheritance, do I owe tax on that?”
Inheritances often have different tax treatment depending on what was received, how it was transferred, and whether any income was generated after the transfer. Cash, investment accounts, retirement assets, real estate, and business interests can each have separate reporting considerations, and the estate or state involved may also matter. The timing of distributions, the decedent’s basis in property, and any later sale or withdrawal can all affect the answer. In many cases, the inheritance itself is not the only issue, because follow-up income, gains, or estate administration details may create tax questions. Working through the specifics with a CPA is the cleanest way to land on the right move.
In your 60-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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