An inheritance often is seen as a financial windfall, but there are times when people may want to consider saying thanks, but no thanks. Receiving a sizable gift, if not structured properly, can ...

Why naming a trustee to handle inheritance property is prudent Transferring inheritance property can have huge tax consequences, including the loss of step-up in tax basis. (Los Angeles Times) ...

An estate planning expert has advised people not to rush into changing their Wills in the wake of planned changes to inheritance tax.