A look at wills versus living trusts and when to choose one over the other.

Generational wealth refers to assets passed by one generation of a family to another, such as stocks, bonds, real estate, and family businesses.

Estates in land are divided into two main classifications: freehold estates, which involve ownership, and nonfreehold estates, which involve tenants.

Estate executors use IRS Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return to calculate estate tax and compute the generation-skipping transfer (GST) tax.

Wills and trusts are key for successful estate planning. Discover the differences between wills and trusts and how to use them to protect loved ones.

A remainderman is the person who inherits or is entitled to inherit the principle of a trust once it is dissolved.

An executor is an individual appointed to administrate the estate of a deceased person. The executor's main duty is to carry out the instructions and wishes of the deceased.

Conveyance is the act of transferring ownership of a piece of property from one party to another. Read about real estate and mineral rights conveyances.

A transfer tax is a charge levied on the transfer of ownership or title to property from one individual or entity to another.

Capital gains taxes on real estate and property can be reduced when you sell your home, up to certain tax limits, if you meet the requirements.