Many assume the ultra-wealthy pay sky-high inheritance taxes. In reality, most pay far less than expected—or even nothing at all. How? Through a mix of high exemptions, legal trusts, and strategic ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of: ...

Inheritance tax rules could get even tighter in the coming months as chancellor Rachel Reeves is reportedly planning a crackdown on the value of financial gifts individuals can make during their ...

Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...