Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

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: ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Taxes, investment risk, inertia - adding a sizable sum to your net worth presents new challenges 'Inheritance is a material shift in your financial life with significant psychological implications.' ...

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, ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Families are often able to build up a substantial net ...

After you inherit money, two questions arise: How will this money change my life? And what do I do now? Some heirs have time to prepare. They know how much they’re going to get because a parent, ...