How can I prevent my heirs from being hit with a big tax bill when I die?

We’re gathering your questions about all things money and finances. Each week, we get your questions answered by the people who know best.

We got this question from Richard:

I have a living trust. I also have several financial accounts with my trust as the beneficiary. My two daughters are the trust beneficiaries, 50-50. I was told they will have to pay taxes when the trust is addressed after I pass. So my question is do they have any options to avoid being hit with a large tax bill?

David Berek, a tax attorney at Venable who specializes in estate planning and wealth transfer, said in general, children don’t pay a tax on their inheritance.

But there can be exceptions depending on the type of property being transferred to your children, he said.

“If the property has not been taxed duri