Inheritance Tax

The Latest

  • February 28, 2013

    When you receive a windfall — whether it’s an inheritance from a relative, winnings from the lottery or gambling, or proceeds from a legal settlement...

  • February 6, 2013

    Employers are getting smarter about how they run retirement plans. They are making some moves that are good for younger workers, including automatically enrolling new employees in 401(k) plans and defaulting their savings into target-date funds,...

  • November 15, 2012

    With everyone talking about the fiscal cliff these days, it’s easy to worry we might all be jumping off of it. Thankfully, experts say there’s no need to unpack your parachutes just yet, but there may be some cause for concern if tax...

  • October 29, 2012

    Life insurance is an important part of a business. It may be used as a funding mechanism for your buy-sell agreement and as business interruption insurance to pay...

  • October 25, 2012

    Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With...

  • October 25, 2012

    A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor), the grantor's spouse, or the trust...

  • August 20, 2010

    Inheriting a vacation retreat can be a bittersweet moment. A loved one was lost, but upon this happening you received a piece of real estate. While there are many benefits of inheriting a vacation retreat, you must also realize that there are...

  • August 20, 2010

    Along with the possibility that you may have to pay taxes on your inheritance to the federal government, your state may also come looking for you. It is important to note that some states have an inheritance tax, while others have none at all....

  • August 20, 2010

    If you have recently inherited a 401(k) or are set to do so in the future, there are some inheritance tax implications that you should be aware of. Inheritance tax is not...

  • August 20, 2010

    Do you know anything about inheriting an IRA? If this is something that you will be faced with in the near future, it is important to know what you will be up against and how you can make decisions that will benefit you when dealing with...