An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the ...

A quick and easy paperwork change could avoid your children paying inheritance tax on your pension if you act now. Here’s how ...

That’s particularly true in a handful of states where an inheritance tax still applies. Unlike federal estate taxes, which affect only the ultrawealthy, these state-level taxes can hit ordinary heirs.

The clock is ticking on a major change to inheritance tax that’s expected to drag 10,500 estates into the net in the first ...