Liz Weston financial advice column discusses deducting casualty losses, such as the those sustained in the Los Angeles ...

When a spouse passes away, the surviving partner faces numerous legal and financial decisions during an already difficult ...

Inheriting a home can mean inheriting property taxes, too. Here's what heirs, executors, and families need to know to avoid ...

When an adult inherits money, there is often freedom in how they can use it, unless specified otherwise through a will or ...

If your trust assets are not particularly valuable or complicated, a trusted friend may be a suitable trustee.

Distributing inheritance can be a difficult process. Luckily, you can take steps so that the things you leave behind get passed along with little hassle.

Russell M. Nelson, the oldest-ever president of The Church of Jesus Christ of Latter-day Saints, has died at the age of 101, ...

My sister just died and left me as the trustee for my 12-year-old nephew’s $100,000 inheritance. It’s a lot of responsibility — what do I do first?

Clara, 86, lives alone in her home. She has no life-threatening health problems. She has enough savings to pay for nursing ...