In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on inherited IRAs.

Swiss voters will decide in November if the country should inflict a large inheritance tax on the estates of very rich people ...

Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies ...

Britain is set to lose a record 16,500 millionaires in 2025, as rising taxes push the country’s wealthiest residents to leave ...

The UK is set to lose twice as many high net worth individuals as China and ten times as many as Russia this year ...

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 ...

But there’s a big catch: The federal estate tax applies only if the taxable estate exceeds $13.99 million. Anything under that threshold can typically pass to heirs tax-free at the federal level.

The Labour Party will spurn all of its political will in rural communities if it does not change its farming policies, especially inheritance tax, a senior MP has said.

As mentioned before, inheritance taxes are quite rare in the U.S. The rates for Pennsylvania's inheritance tax range from 4.5 percent to 15 percent.

How Inheritance Taxes Work Inheritance taxes are often misunderstood, and for good reason. Depending on where you live, they might take a sizable chunk of an estate—or leave heirs with no tax bill.