A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

Key changes in estate and gift tax exemptions and valuation rules for 2025 offer expanded benefits, though some are temporary: Estate and gift tax exemption: The lifetime exemption rises to $ ...

Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

Are you considering giving cash or property to loved ones or others in 2024 or next year, in 2025? Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns.

The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a ...

For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully ...

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

US citizens residing in Europe must consider the potential for estate and inheritance tax exposure by both the European ...