An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Yet unfortunately, estate and inheritance tax rules in many locations require at least some thought to tax planning. There's a lot of confusion about how and when people who inherit property from ...

An unexpected inheritance can feel like a blessing wrapped in pressure. Forty thousand dollars opens doors, but which one ...

Daniel Masuda Lehrman, a certified financial planner and owner of Masuda Lehrman Wealth, recommends a cash inheritance be ...

Estate planning is one of those tasks that makes almost any other job look appealing, no matter how lowly: Cleaning the filter on the vacuum cleaner has more appeal. You may even wonder if your assets ...

I have inherited a portion of a generation-skipping trust. My portion should amount to $30,000. The question is whether to take the cash or leave it to be managed by the bank. I have a moderate income ...

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states ...

If you're opposed to inheritance tax, you probably believe it's unfair to be forced to hand over hard-earned wealth to an ...

Who has to pay inheritance tax? How many families are liable? The Money team answer these questions and more in the latest ...

State Representative Pat Curry explained why this is important now and said if passed Proposition 8 would be a safeguard to protect Texans.

I have inherited a portion of a generation-skipping trust. My portion should amount to $30,000. The question is whether to take the cash or leave it to be managed by the bank. I have a moderate income ...