" [I]f a person holds property at death, it will receive a new basis equal to the fair market value of the property at the ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on estate and gift taxes. ...

Life insurance sales surged last year as families looked for ways to to pay inheritance tax bills, following the Autumn ...