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

Additionally, reducing inheritance taxes is possible, provided the owner of the assets is still alive to make the arrangements. As a taxpayer, you may also take advantage of certain state discounts.

Pension savers are being encouraged to switch beneficiaries on their pension paperwork now to protect their retirement pot from inheritance tax for the next 16 months. When someone starts saving into ...