The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the inheritance. Estate tax is based on the total value of the deceased's ...
Building your wealth requires smart investing. But if you plan to pass assets on to heirs, you also need to understand how tax laws impact your legacy. In 2025, several key changes to estate and ...
New limits to inheritance tax-free allowances are coming in from the Spring that affect business owners. Those looking to ...