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Understanding Inheritance Taxes

Understanding Inheritance Taxes For nonspousal heirs, estates worth $2 million or less are exempt from federal estate taxes for the 2008 tax year. During 2009, the exemption increases to $3.5 million. If you have inherited an estate from a loved one, it's important to understand

Earn Tax-Free Income with Municipal Bonds

Earn Tax-Free Income with Municipal Bonds Municipal bonds react to changes in interest rates, which is why many analysts recommend holding short- to intermediate-term bonds, because they are less vulnerable to changing interest rates. Municipal bonds, frequently issued by state or

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