When someone passes away, their estate may still be subject to various taxes, such as probate fees, which are levied on the estate’s value on the date of death and subject to the calculation of ...

The US is suing the estate of a Connecticut man who died in 1997, alleging that a tax liability of about $22 million has ballooned to over $51 million with penalties and interest.

The purpose of probate is to verify the validity of your estate plan. It includes reviewing the legitimacy of wills, handling any outstanding debts and taxes, appraising property values and ...

Transferring ownership of a house while parents are still living can significantly affect probate tax, but there are other... Can transferring ownership of a house help avoid probate tax?

The estate, including the house, are also subject to U.S. and Connecticut probate taxes and probate court fees. The executor and their attorney must get releases of all these obligations ...

Probate is a costly, public process that can ... help to prevent many costly estate administration mistakes, such as taxes and beneficiary disputes. Both revocable and irrevocable trusts can ...

The financial services firm warns plans to make pensions liable for inheritance tax from spring 2027 is likely to worsen delays to getting probate. And Steve Webb, former Pensions Minister and ...

Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains and probate tax. With so much information out there about estate planning ...