When you’re creating a strategic family tax plan, it’s important to note that your business structure may be one of the most ...

The line between taxes and financial behavior is very thin. Taxes give clues to other issues that might be going on beyond what goes on the tax return. Even though many of the answers are not tax ...

“Making tax-free gifts of cash or even other assets to family members while you’re living can be a great way for you to actually witness those family members benefit from those gifts,” he add ...

Understanding the gift tax and its limits is crucial when planning your financial gifts, whether for family, friends or others. The IRS sets specific guidelines each year for how much you can give ...

Strategies to minimize gift tax If you prefer to make gifts directly to friends and family (other than your spouse), be sure to stay at or below the $18,000 annual limit. If you give more than ...

You've saved enough money for retirement. But can you afford to give some to family or good causes — and when is best? These ...

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial advisor with estate planning expertise can help you navigate the ...

Too often, advisors and clients focus only on preservation during difficult economic times. But for those with a ...