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 estate tax only applies in select circumstances. But when it does, this tax on the value of a deceased person's estate can result in a sizable bill. If President Trump's tax-and-spending bill is ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Without these in place, your estate could get tied up in legal red tape, ...

Republicans are mounting a full-court press to axe the federal inheritance tax as part of the package they’re preparing to extend President Trump’s 2017 tax cuts. Rep. Randy Feenstra, an Iowa ...

The GOP tax bill is set to weaken the estate tax, which has already been substantially narrowed over the last two decades. People walk along Massachusetts Avenue NW as rain falls over the U.S. Capitol ...