You may think you know your spouse well enough to not be Googling “the best gifts for wives,” up until those words hit your ...
When you actively manage your finances and plan for your future, the feeling of personal financial empowerment is justly ...
Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift ta ...
President Trump might extend the bonus estate tax exemption or even repeal the estate tax. But estate planning remains ...
There's a downright glut of gift guides out there, but most are about what to buy your parents, spouse or kids. Few are about what to buy your pets or pet owners in your life. Explore More: ...
In 2024, the annual gift tax exclusion amount is $18,000. This simple gifting strategy offers enormous benefits for receivers ...
A recent client scenario brought to light the many drawbacks of joint ownership as an estate planning tool. In this ...
The unlimited marital deduction is an estate preservation tool because assets can be distributed to surviving spouses without incurring estate or gift tax liabilities. Gifts made to non-spouse ...
Last month Labour chancellor Rachel Reeves attacked our inheritances on a host of fronts, in a tax grab that will cost us ...
Gifts received on the occasion of Diwali fall under the purview of income tax. If the value of gifts surpasses ₹50,000, it is ...
Gifts up to a certain value per recipient per year are subject to the annual exclusion. The amount is $18,000 for 2024 and $19,000 for 2025. Spouses may both give gifts to the same person ...
DEAR TAMARA: The subject of thank-you notes is one of the most common complaints I receive from readers. Some people put off ...