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

and also has no estate tax or inheritance tax. South Dakota was ranked No. 2 on Money.com’s list of the tax-friendliest states in America, with a low tax burden of 6.69%, and is one of the 25 ...

Donald Trump’s tax policies have consistently focused on reducing or eliminating the estate tax, aligning with his broader economic philosophy.

A reduced version of the inheritance tax is on the table to start this legislative session, a bill which seeks to reduce tax ...

LINCOLN — State Sen. Rob Clements of Elmwood has pushed during his eight years in office to eliminate the state’s inheritance tax, maintaining that it’s an unfair and outdated tax after ...