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Inheritance Tax Questions Answered: The $15 Million Rule and Stepped-Up Basis
In today's episode, Ralph Estep Jr. and Juliet answer guest Mark Lawley's questions about inheritance taxes after a parent passes, plus what the flash PMI, escrow increases, and index funds mean for your budget.
In This Episode
✓ Flash PMI at 57.6: business activity is still growing, and prices are rising fastest since August 2022
✓ Escrow explained: why one increase can hit your budget twice
✓ Index funds without the jargon
✓ Guest Mark Lawley: inheritance tax, the $15 million federal line, and stepped-up basis
✓ Inherited IRAs: the 10-year rule and tax withholding
✓ The "just in case" file…
The skinny
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