More than 200 House and Senate Republicans are backing a bill to repeal the federal estate tax just as congressional ...

Six U.S. states levy inheritance taxes: Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania. A decedent’s assets are divided according to their will through the probate process.

If the benefactor dies with a will, the responsible party assigned will file the return and pay the taxes. However, if no ...

Domestic partnerships are legal arrangements between two individuals that grant some of the same rights and benefits as marriage. While ...

Inheritance is only taxed if the deceased individual resided in one of the five aforementioned states. Therefore, if the heir ...

Nebraska lawmakers will consider replacing the state's sliding inheritance tax rate with a 1% across-the-board rate under a ...

State Sen. Rob Clements of Elmwood has pushed during his eight years in office to eliminate the state’s inheritance tax, maintaining that it’s an unfair and outdated tax after death that only five ...