Here's a quick look at how estate and inheritance taxes work differently and impact your finances.

That’s particularly true in a handful of states where an inheritance tax still applies. Unlike federal estate taxes, which affect only the ultrawealthy, these state-level taxes can hit ordinary heirs.

Curious how much is inheritance tax? Most states don’t impose it, and those that do often provide exemptions to help reduce ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Learn more about the key steps, tax implications and family considerations so you can be prepared when it’s time to sell your home Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace ...