Controversial reforms to inheritance tax are the "single biggest issue" facing farmers, according to a long-awaited report into the profitability of the sector. The Farming Profitability Review - ...
Just two-thirds of parents age 55 or older with at least $500,000 in investable assets haven't shared with their grown children what they'll inherit or if they'll inherit anything at all, according to ...
You can use a life insurance policy to pass money to heirs tax-free. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...
Ozzy Osbourne's death could be set to spark a bitter inheritance war over his estimated $230million fortune, RadarOnline.com can reveal. With assets spanning continents and decades of royalties still ...
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 ...
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, ...
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 ...
The Microsoft co-founder will leave a very small percent of his fortune to his kids, but it will still amount to a huge financial sum Nicholas Rice is a Senior News Editor, Weekends for PEOPLE ...