Inheritance & Estate
“I got an inheritance from family, is it taxed?”
An inheritance from family is often handled differently from income, so the tax result usually depends on what was inherited and how it was received. Cash, securities, real estate, retirement accounts, and jointly owned assets can each have different tax considerations, and the timing of any sale or distribution may matter as well. State rules can also come into play, especially if the estate was administered in another state or involved property in more than one location. The decedent’s basis, the asset type, and any estate administration details are common factors in the analysis. A CPA who reads your specifics can usually tell you, in plain English, where this lands.
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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