An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries ...

Inheritance planning is the process of preparing for the transfer of one's assets to beneficiaries upon their death. The primary objective of inheritance planning is to ensure that an individual's ...

Business Property Relief (BPR) was an important survivor of chancellor Rishi Sunak’s spring Budget in early March. The tax break can be a valuable tool in planning for inheritance tax, but had been ...

When a loved one dies, there are a lot of things to worry about, from planning the funeral to dealing with your own emotions. As is often the case though, money is a major part of the calculus of life ...

When it comes to transferring wealth, estate planning and tax planning go hand in hand. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

Q: My elderly aunt has approximately $400,000 in checking, savings and certificate of deposit accounts. I am a joint tenant with rights of survivorship of all the accounts. When she dies, will I need ...

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Not everyone wants an inheritance. Popular reasons for rejecting a windfall include avoiding tax hits, preserving government benefits, managing family dynamics, giving to charitable causes and using ...

The Pennsylvania Inheritance Tax has been the subject of much discussion and controversy over the years, at least among my clients and potential clients. Since there have been so many questions ...

EDITOR’S NOTE: On January 24, NJ.com hosts EmpowerU Money: New Year’s Resolutions— a FREE virtual live event. Learn the latest tips on budgeting and saving to meet your goals in 2022! Spots are ...