DEAR ERIC: Recently my parents shared how their estate will be divided when they pass. They have worked hard and lived a modest life, and it goes without saying that they are entitled to do as they ...

If you’re an older saver coping with tax planning for a large, traditional IRA—or even a smaller one—you might have overlooked a useful tool. It’s called a disclaimer. In essence, it’s a strategic ...

In Pennsylvania, the answer depends on a few factors. The good news? Most families assume it’s worse than it actually is. Once you understand how inheritance tax and capital gains work, the situation ...

Forget the “California Dream” — for the next generation of Golden State residents, the new reality is more like a royal succession. New property data reveals a bombshell shift in California’s housing ...

When most families think about estate planning, they focus on taxes. How do we help minimize estate taxes? How do we pay the least amount of income taxes? How do we transfer assets in the most ...

Maryland holds a unique position in the American tax structure as the only state in the U.S. that levies both an estate tax and an additional inheritance tax.. For residents and their heirs, this dual ...

Inheritance is one of the last reliable ways for younger Californians to own their first home. About 18% of all property transfers in the state last year, representing nearly 60,000 homes, were made ...

While Grim Reaper guides you to the afterlife, Uncle Sam will be escorting your heirs to the IRS. Death can be a tax-triggering event, with two in particular you should be aware of: the estate tax and ...

THE PARKING LOT HIT THE GAS INSTEAD OF THE BRAKE. NO ONE WAS HURT. >> TONIGHT, AN INHERITANCE SCAM WARNING A WASHINGTON COUNTY RESIDENT RECEIVING A LETTER CLAIMING THEY ARE SET TO INHERIT $75 MILLION ...

Dear Eric: My husband and I have been married 31 years. We each have two children of our own. They are all grown. His boys have different mothers; I raised one and helped with the younger one. As soon ...