If you do not plan appropriately and thoughtfully, problems may arise with respect to this property and your family when you are gone.
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
Broadway legend Stephen Sondheim left behind an estate estimated to be worth as much as $75 million to his husband, charities and a dozen other friends, court papers show.
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
Preparing for an estate sale can be a difficult and emotionally challenging task.
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
What happens when all of a corpse’s money is in his cold wallet?
We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?
If you really want to help your heirs out, these are some of the best assets to leave them.
The administrators of the late musician’s estate recently settled a complicated dispute with the Internal Revenue Service over the value of Prince’s assets. The precise value was undisclosed, however, although it could exceed $100 million.
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