Q: Our parents had a living trust that owned their home. Both of them have passed away now and we are selling it. We are ...

If no legislation is signed by Dec. 31, the current rates set in the Tax Cuts and Jobs Act of 2017 will expire, and the estate-tax exemption will be basically cut in half to about $7 million. Don't ...

The receipt of an estate tax closing letter generally indicates that the estate tax return’s IRS examination is closed. Final ...