An attorney handling the estate advised that a Form 706, federal estate tax return, did not need to be filed as the estate was below the $11.4 million threshold for filing a return.

Filling out a small estate affidavit form can simplify the process of transferring a deceased person’s assets without the need for a lengthy probate procedure. This form is typically used when ...

Whew. It has taken awhile but the IRS has finally issued guidance for the treatment of basis for certain estates of decedents who died in 2010. As you've probably heard, there was no federal ...