Giving some of your estate away to charity can save your family thousands in inheritance tax. But common pitfalls could mean ...
In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a ...
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. ...
Life insurance sales surged last year as families looked for ways to to pay inheritance tax bills, following the Autumn ...
In 2025, only individuals with estates above $13.99 million and married couples with estates of more than $27.98 million will be subject to the tax. Some states have their own estate or inheritance ...
If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...