Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend.

Fact checked by Vikki Velasquez Key Takeaways Baby boomers are set to pass on approximately $84 trillion in wealth to heirs by 2045, greatly impacting personal finances and the economy.Wills, trusts, ...

The $15 million estate tax exemption coming in 2026 requires advisors to rethink client strategies, with basis step-up ...

Dear Liz: I own a house with my longtime boyfriend. If one of us dies, how does the capital gains step-up affect the other? Answer: The deceased partner’s share of the home will get a new basis for ...