M y husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way ...

Law professor Ray Madoff’s new book, “The Second Estate,” argues that philanthropy is part of a playbook that the ...

Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...

However, 12 states and Washington, D.C., still impose an estate tax, and five states have an inheritance tax. Maryland has ...

It's important to stay informed about these new updates, especially when planning your finances, to ensure your retirement ...

Taxes shouldn't drive a farm’s succession and estate plan, says Polly Dobbs, an estate planning and wealth transfer ...

Such “tax the rich” sentiments informed the design of the two tax rules at the core of the modern tax system: the income tax, ...

Samuel M. DiPietro of Spencer Fane discusses unique estate planning challenges of business owners of the Baby Boom generation ...

Maximize savings before the year ends.

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...