Sometimes, a parent will give money or property to a child or grandchild while the parent is alive. Gifts made while the gift-giver is alive are legally called “inter vivos” gifts. When there are ...

Should an inheritance be strictly an inheritance, to be left to children when their parents die? Or should parents use at least some of that money while they’re still alive to help out their adult ...

While it's true that most parents still leave money to their children, close friends or charity, others believe that leaving anything behind is a waste. The bottom line is that there are valid reasons ...

Dear Amy: My mother recently died, and I’m expecting a relatively substantial inheritance from her (my dad died several years ago). My younger brother, also not living, has two adult children. My ...

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 ...