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 ...

Receiving an inheritance, whether expected or unexpected, is a bittersweet experience. While the extra money (or assets) may ...

WASHINGTON (7News) — As Benjamin Franklin said, the only two certainties in life are death and taxes -- But even death can't bring relief from taxes. In fact, death can be a tax-triggering event. And ...

If you’re lucky enough to have inherited some assets from someone who died, you might not feel so lucky when you discover you may owe taxes on them. Depending on where the person who died lived, how ...

Inheriting money often comes with a mix of emotions – ranging from anxiety and grief to anticipation and gratitude. And sometimes, the suddenness of such an event can make it a challenge to think ...