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

The budget has created a tax arbitrage for non-resident Indians (NRIs) investing in unit-linked insurance plans (Ulips) ...

My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian Dyall replies.

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

The Union Budget 2025 introduces a series of measures aimed at enhancing the competitiveness and attractiveness of units in International Financial Services Centres (IFSC), with a particular focus on ...

Discover the new tax exemption for IFSC-issued life insurance policies under Section 10(10D). Learn who benefits, key changes ...

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

Florida’s $115.6 billion budget proposal offers everything from 2025 sales tax holidays to a one-time mortgage tax exemption.

Wealthy retirees are buying bigger houses and funding their grandchildren’s school... ‘I’ve worked in the RAF and NHS and own ...

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

Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...

It is becoming increasingly commonplace for people to enter long-term romantic relationships without legally marrying. While there are no ...