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

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

Transferring assets within the family might seem like a straightforward ... wherein the person receiving the gift is not liable to pay taxes. “Gifts don’t trigger any tax liability for the ...

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

CIT (A) has erred in confirming the addition of Rs.6 lacs which was added by the Assessing Officer on account of unexplained cash found at the residential premises during the course of search. 2. The ...

After a younger brother is left out of an aunt's will, his siblings want to share the money they inherited, but wonder if ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

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

This series of articles will highlight ideas and tactics for bringing another family member into an operation.