The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the inheritance. Estate tax is based on the total value of the deceased's ...

Understanding the Stepped-Up Basis Benefit Before It's Too Late Here's the thing about estate planning: most people don't ...

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

That’s particularly true in a handful of states where an inheritance tax still applies. Unlike federal estate taxes, which affect only the ultrawealthy, these state-level taxes can hit ordinary heirs.

John Kerwood is considering moving abroad to save his daughters from a hefty inheritance tax bill - Christopher Pledger. Have ...

With unused pension funds set to fall within the scope of inheritance tax from April 2027, investors are being forced to ...

In this exclusive article, Steve Owen, Head of Proposition (EMEA) at Morningstar Wealth, explains why advisers are perfectly ...