Beyond the tax implications, you need to make a smart plan for how to make the money last. An often cited statistic from a 20 ...

When someone passes away, and leaves their belongings to others, an inheritance tax may apply. In a nutshell, inheritance tax is typically paid by the heirs or beneficiaries who receive the assets, as ...

Happy to skip a generation to save thousands on inheritance tax? A deed of variation could be the estate planning tool you ...

That’s particularly true in a handful of states where an inheritance tax still applies. Unlike federal estate taxes, which affect only the ultrawealthy, these state-level taxes can hit ordinary heirs.