Death taxes confuse a lot of people. The reality is there are really two big death taxes that people need to know about – estate tax and inheritance tax (you also need to be aware of income tax but that’s not just a death tax and most people are intimately familiar with income taxes already). This episode will discuss the difference between these two taxes and explain what everyone needs to know about them.
Taxes aren’t fun but we’ve got to know them – sorry about that.
All the best!