Receiving an inheritance can have tax implications dependent on the amount you're inheriting and the state you live in.

Whether you have to report an inheritance on your taxes depends on what you inherit and the subsequent handling of that inheritance. While inheritances themselves are often not subject to federal ...

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

Martin Lewis answers questions, on inheritance tax, energy prices and car finance.