If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far -- ...

It's important to understand which kinds of taxes you may anticipate in estate planning — and how that money will be used by ...

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 ...

“ [I]f a person holds property at death, it will receive a new basis equal to the fair market value of the property at the ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on estate and gift taxes. ...

The impending cap on inheritance tax has caused much controversy within the farming community, where many fear the ...

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