Friends With Money #43: Inheritances and tax
Inheritance can be taxing. At this difficult time in your life, inheriting the family home, heirlooms, or investments can come with its own set of challenges.
This week on the Friends With Money Podcast, H&R Block's Mark Chapman joins Money's Julia Newbould to discuss what you need to be aware of if you are the beneficiary of a will. They discuss:
- Does Australia have an inheritance tax?
- Do you have to pay tax if you inherit the family home?
- When it comes to CGT, what are the best choices when dealing with an inheritance of property?
- What is tax-exempt?
- Should you seek advice about making a will?
Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Google Podcasts: https://bit.ly/3qGfsoL
Listen on Spotify: https://spoti.fi/3fSPI2h
Subscribe on YouTube for closed captions and transcripts: https://bit.ly/42VQFMY
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