Inheritance & Estate
“What taxes apply to money I inherited?”
Inherited money is often treated differently from earned income, but the tax picture can still vary depending on how the assets were passed down and what kind of property was involved. Cash, investment accounts, retirement funds, and inherited real estate can each have different tax considerations, and the date of death value, the estate’s administration, and any income generated after inheritance may matter. State rules can also affect the outcome in some cases. The key question is often not just what was inherited, but whether the transfer created taxable income, a future gain, or an estate reporting issue. 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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