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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

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: ...

There's a lot of confusion about how things work when you receive property after someone's death. Get the facts here. The death of a loved one is always a difficult time. The last thing most people ...

Estate taxes and inheritance taxes are often discussed as if they're the same thing, but in reality they are very different in concept and practice. If you're worried about paying estate or ...

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, ...

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, ...

Should death be taxing? Amid budget surpluses, states started slashing income taxes last year. But only two have made significant changes to their estate or inheritance taxes so far. Last year Iowa ...

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 ...

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