The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

If you have no one to look after your children’s interests, then you’ll need to consider hiring a professional fiduciary or ...

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.

A living inheritance is giving financial assistance to younger generations while still alive, rather than bequeathing it upon ...

Inheriting a home is one of those life moments that often brings mixed emotions. There’s usually a personal story behind the ...

Some heirs have time to prepare. They know how much they’re going to get because a parent, grandparent or spouse has told ...

A woman seeks advice after her mother requests her inheritance to help with a mortgage, exposing years of financial strain ...

Gen Z now leads all age groups regarding their intention to pass on wealth (39%) while 30% expect to receive one. Millennials ...

Trusts are surging in popularity as a way to avoid inheritance tax, according to financial advisers on the frontline of estate planning. We look at what trusts are and if they are right for you.