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How inheritance tax works

There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the ...
The 40% inheritance tax rate is drastically high - but only applies if you have amassed enough assets for your loved ones to become liable on some chunk of them.
Inherited assets from your loved one, whether in the form of cash, stocks or real estate, can be subject to inheritance taxes, depending on your relationship and inheritance value. While most states ...