A bill recently reintroduced in Pennsylvania could eliminate the state's inheritance tax currently levied on properties transferred from an individual to their heirs after they pass. According to the ...

Inheritance Funding reports that inheritance tax limits vary by state. Close relatives often avoid taxes, whereas distant ...

For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to pass on to their children. But in Pennsylvania, transferring that home and ...

That’s particularly true in a handful of states where an inheritance tax still applies. Unlike federal estate taxes, which affect only the ultrawealthy, these state-level taxes can hit ordinary heirs.

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...

The inheritance tax changes – which have been dubbed the ‘tractor tax’ or ‘family farm tax’ – have been described as ‘an ...