From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

On Nov. 4, Texas voters will get the final say on 17 constitutional amendments — usually listed as statewide propositions at ...

Wealth managers say more clients are transferring assets to their children during their lifetimes. Here are the best ways to ...

Unexpected bills after an inheritance may not be yours at all. See which surprises you can refuse when settling an estate.

Beyond the tax implications, you need to make a smart plan for how to make the money last. An often cited statistic from a 20-year study by The Williams Group of 3,200 families says that 70% of the ...

Moving to another state to avoid income taxes can feel like solving one problem only to discover another. While you may avoid ...

Full-time workers’ average tax rates have also been steadily rising – with much of the tax burden falling on people in their ...

Stellantis STLAM.MI and Ferrari RACE.MI Chairman John Elkann has agreed to do a year of community service and pay a negotiated sum to settle a tax dispute over the inheritance from his grandmother, ...

The Bank of England has warned that fears of another Labour tax raid are already impacting the economy as it kept interest ...

Fiscal systems designed around income and consumption struggle to capture wealth, and billionaires are highly mobile ...

With the passage of OBBBA and the codification of the historically high estate, gift, and generation-tax exemption amounts, ...