Using the IRS tool can help, but it won’t answer all your questions. It's best to work with a lawyer in the end.

If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...

Some 220 estates last year received a tax bill on £61 million worth of gifts given away incorrectly, according to HMRC data.

Nearly a third of US adults plan to leave a financial gift, but only a fifth expect to receive one, per Northwestern Mutual.

My husband recently received a $50,000 inheritance. We have no idea what to do with it. We want to be wise, but everything is so confusing. I have early Alzheimer's and have trouble organizing my ...

That means two things. First, you could legitimately move half the money into another account for your son, preferably with your husband's knowledge. Second, if you die before your husband, he will ...

Bill Gates' youngest daughter, Phoebe Gates, is embracing independence after her dad's inheritance revelation.

How can you divide your wealth equally between your children at your death if you gave them different levels of financial ...

Forget the bank of mum and dad - it's now grandparents who are dipping into their savings to help their grandchildren buy ...

There will always be winners and losers with any new tax policy but it is better than having a policy that does not work at ...

A new Redfin report shows exactly how many Gen Z and millennial buyers rely on their families for support — but there’s more than meets the eye.