SmartAsset on MSN

Inheritance tax planning: Rules and exemptions

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries ...
MoneyLion on MSN

Estate tax vs. inheritance tax: What’s the difference?

The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the ...
Penn Live

Pennsylvania’s inheritance tax burdens grieving families twice | PennLive letters

Inheritance tax – the most unfair tax of all. I’m 77 years old. I’ve worked all my life and paid taxes on everything I own. And yet, when I die, my children or grandchildren will have to pay tax AGAIN ...
AOL

Inheritance tax: How it works and how it differs from estate tax

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, ...
KRDO

Are inheritance advances taxable?

The grieving process is always challenging. But for many families, the slow legal process of distributing an inheritance compounds emotional pain with financial uncertainty. When pressing needs for ...