When someone passes away, and leaves their belongings to others, an inheritance tax may apply. In a nutshell, inheritance tax is typically paid by the heirs or beneficiaries who receive the assets, as ...

Inheritance tax is a deeply unpopular levy charged on your estate when you die – but there are some tax-free allowances that can reduce what you owe up to a certain threshold. While the main allowance ...

WASHINGTON (7News) — As Benjamin Franklin said, the only two certainties in life are death and taxes -- But even death can't bring relief from taxes. In fact, death can be a tax-triggering event. And ...