If you will, allow us to present the hypothetical case of Pete Moneywise, a married, 78-year-old father of three who wants to ...

When planning for the transfer of assets after death, two terms come up often: probate and trust. Probate is the ...

Before paying for complex avoidance strategies or leaving your family to navigate a mess, find out what probate looks like ...

Before paying for complex avoidance strategies or leaving your family to navigate a mess, find out what probate looks like ...

Selling an inherited house may face challenges from the probate process, uncertainty about how much to list the home for or ...

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The fight for control of the family’s trust and fortune illustrates how not to do intergenerational wealth transfer.

My mother’s trust, formed with my father, names her as the sole trustee after his 2012 passing. My brother and I are ...

What happens financially after someone dies is that their debts become part of their estate. Creditors can make claims ...

Think you only have to worry about the seven year rule to avoid inheritance tax when making gifts? Think again – a little known quirk in the system can trigger an HMRC probe going back as far as 14 ...

Taxpayers who don’t pay their full tax bill by the filing deadline are subject to a 7% underpayment interest fee, among other penalties. Many, or all, of the products featured on this page are from ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...