I inherited a $30K trust. My bank says I’ll pay $10K in taxes if I cash out. Something is not right.
Up next
Author


“The question is whether to take the cash or leave it to be managed by the bank.”

You May Also Like

Floods will add to rising UK home insurance bills

Widespread flooding across the UK this week is expected to put upward…
Should 401(k) investors follow the advice of top fund managers?

Should 401(k) investors follow the advice of top fund managers?

It’s not a simple “buy” signal.
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.

UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.

UBS stock reached a new 16-year high after the Wall Street Journal…
‘30 Rock’ actor Will Arnett sells $20.2 million Beverly Hills home to Paris Hilton’s brother-in-law

‘30 Rock’ actor Will Arnett sells $20.2 million Beverly Hills home to Paris Hilton’s brother-in-law

Will Arnett has sold his Beverly Hills home to none other than Paris Hilton’s brother-in-law just…