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 have ...

If you’re expecting a life-changing windfall when your boomer parents die, take heed: Only one-fifth of the “Me” generation expect to leave an inheritance. A new study from Northwestern Mutual, the ...

Benjamin Franklin referred to death and taxes as "the only certainties in life." And the inheritance tax touches on both. It's a levy on money, property or other assets a person leaves to others after ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Many people plan to leave an inheritance for their loved ones, but a growing ...

Prince Harry’s hefty $8.5 million inheritance will not be subject to tax deductions, investment experts have said. The Duke of Sussex received the generous cash gift on his 40th birthday last month — ...

A. New Jersey has an inheritance tax. The amount of the tax is based on the relationship between the beneficiary and the deceased. Class A beneficiaries are excluded from the inheritance tax. These ...