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, ...
One of the maddening things about our financial services industry is how slowly it has been innovating to help the growing ranks of the relatively rich and retired. Take equity release mortgages. They ...
On November 30th the country held a referendum on their proposal to levy a 50% federal inheritance tax on the super-rich and use the funds to fight climate change. The country’s first inheritance tax ...