If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...

After our item on gifting money and inheritance tax, you sent in plenty of legal questions. Lawyer Denise Nurse joins us to ...

Few conversations will feel as awkward as asking your parents about their finances. It’s why many families avoid the topic for years or even decades - until a serious illness, incapacity, or ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on estate and gift taxes. ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on inherited IRAs. Question: I just inherited a traditional IRA from my aunt. I heard there ...

On my wife's will and mine my stepdaughter is named as a beneficiary using my family name as is my biological daughter.