If the benefactor dies with a will, the responsible party assigned will file the return and pay the taxes. However, if no ...

More than 200 House and Senate Republicans are backing a bill to repeal the federal estate tax just as congressional ...

Republican lawmakers are working to nix the federal inheritance tax, otherwise known as the "death tax." According to Fox ...

The "Death Tax Repeal Act," seeks to repeal the estate tax. Positive impact on the wealthy and foreign investors but no help ...

Other relatives are exempt aside from the five states previously mentioned. Often, estate and inheritance taxes are conflated, when they are somewhat different. Estate tax refers to taxation on an ...

In this world, nothing is certain except death and taxes.” That means, you can’t escape paying taxes until you die. When someone dies, and you expect to receive an inheritance, you have the obligation ...

In response to the estate tax issues, the concept of “Early Inheritance” has become a trend that has caught on with many estate planners and their clients. By structuring distributions in ...

According to official data from the Office for Budget Responsibility (OBR), 153,000 estates will be subject to the tax once ...

Structuring an Early Inheritance strategy is a way for one to distribute wealth and assets intended for heirs before demise in order to minimize estate taxes and to maximize the net transferred ...