Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Few things can complicate the otherwise straightforward matter ...
Close relatives often pay no or reduced inheritance tax, unlike distant kin and non-relatives. Proactive measures like trusts can mitigate potential tax for beneficiaries ahead of time. Your parting ...
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, ...
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