The other plank of the tax code, the estate tax and gift tax (along with the generation-skipping transfer tax, adopted to ...

In simple terms, you’ve “given away” the home but still benefit from it, which means the property hasn’t really left your ...

An Inheritance Tax Rule, more particularly the 7-year rule, means you don't have to pay a penny. However, we may have to say ...

Look beyond traditional gifts to help your loved ones build long-term value. Gifting a mutual fund or insurance policy can be ...

The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...

Under income tax laws, gift taxation depends on the giver and the total value received in a financial year. Gifts from close ...

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

Maximize savings before the year ends.

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

Nicholas Hyett warned that the Government could target lifetime gifts and other reliefs to increase revenue still further.

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

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...