Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...

If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...

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, ...

Inheritance and estate taxes, often referred to as "death taxes," vary significantly across the United States. Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in ...

A bill recently reintroduced in Pennsylvania could eliminate the state's inheritance tax currently levied on properties transferred from an individual to their heirs after they pass. According to the ...

Inheritance tax – the most unfair tax of all. I’m 77 years old. I’ve worked all my life and paid taxes on everything I own. And yet, when I die, my children or grandchildren will have to pay tax AGAIN ...

How a bill becomes a law in the Nebraska Legislature LINCOLN — Nebraska lawmakers have resisted efforts for years to join the vast majority of states in ending the inheritance tax, siding with county ...

Thousands of families are overpaying inheritance tax on life insurance policies, according to new figures, because they make a simple mistake when they take them out. A trust is a way of ringfencing ...