Inheritance & Estate
“I got an inheritance, is it taxable to me?”
An inheritance is often not treated the same as regular income, but the tax result can depend on what was inherited, how it was received, and whether any income was generated after the transfer. Cash, investments, retirement accounts, and property can each raise different questions, especially if there were gains, distributions, or later sales. The timing of the transfer and any estate administration issues can also matter. In many cases, the main tax concern is not the inheritance itself, but what happens to the assets afterward and whether any reporting is involved. Going through your records with a CPA usually surfaces the answer in under an hour.
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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