Benjamin Franklin referred to death and taxes as "the only certainties in life." And the inheritance tax touches on both. It's a levy on money, property or other assets a person leaves to others after ...
An inheritance often is seen as a financial windfall, but there are times when people may want to consider saying thanks, but no thanks. Receiving a sizable gift, if not structured properly, can have ...
When you’re planning to divide your estate unequally, explain the reasons to your heirs, and remember: They might be hurt anyway. By Susan B. Garland For most older parents, it is simpler to leave ...
If you’re lucky enough to have inherited some assets from someone who died, you might not feel so lucky when you discover you may owe taxes on them. Depending on where the person who died lived, how ...