Federal Exemption Amounts Increased to $13,990,000 - As of January 1, 2025, the federal gift and estate tax exemption amount, as ...

When a loved one dies, getting their finances in order is likely the last thing on your mind. However, it's an important step ...

Understand the potential consequences if an inherited IRA gets liquidated too quickly (taxes!), along with the fallout if it ...

For companies, the capital gains tax change was that the inclusion rate for capital gains would be 66 per cent starting with ...

Whatever your circumstances, you can take these steps to build an estate plan that benefits both you and your loved ones.

Even with a comprehensive estate plan, it’s likely you’ll have some assets in a residuary estate. Like the sediment at the ...

Inheritance tax is a tax on the value of someone’s property, money, and belongings after they pass away before it is given to their heirs or beneficiaries.

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Estate planning isn’t about focusing on your demise, one advisor says; it’s about taking control and making decisions that ...

Where will your farm be in 20 years? Who will be farming? Who will own the land? Most importantly, what are you doing today ...

When a family member passes away, their loved ones sometimes become homeowners unexpectedly. In these situations, servicers ...