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 ...

Some beneficiaries must pay taxes when receiving assets or money from someone who has died. There is no federal inheritance tax but several states levy one. Many, or all, of the products featured on ...

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: ...

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 ...

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 ...

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 ...

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, ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

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, ...

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