If you’re lucky enough to have inherited some assets from someone who died, you might not feel so lucky when you discover you may owe taxes on them. Depending on where the person who died lived, how ...

Dear Amy: My mother recently died, and I’m expecting a relatively substantial inheritance from her (my dad died several years ago). My younger brother, also not living, has two adult children. My ...

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, ...