You can share an inheritance, but may have to notify the IRS so that you’re in compliance with gift tax rules.

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know most states don’t have inheritance taxes, but since he won’t technically be ...

If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign gift or inheritance received).

Biden was the seventh president to continue the modern tradition of leaving a letter to his successor. Biden was the sixth president to leave a letter to a successor of another political party and the ...

A gift ban would be a vital first step toward ending this culture of corruption. Passing a gift ban isn’t just about restricting expensive dinners or lavish trips. It’s about restoring faith ...

A great Valentine’s Day gift strikes the balance between personal and indulgent, which is a very different measure depending on whom you’re shopping for. Some guys may be yearning for a high ...

For younger second-generation merchants, both startup and leap support will be promoted to facilitate smooth succession, along with support for inheritance, gift, and management consulting.

I don’t know what to do. Your husband has given your daughter an immensely touching gift. I’d encourage you to give your daughter the letters, as soon as it feels right to you. When you do ...

Farmers have been holding a protest against changes to inheritance tax. A convoy of tractors travelled down the A1 in Northumberland before converging on County Hall in Morpeth. Those who took ...

Ladies and gentlemen, who among you can name the person responsible, from May 1, 2024 onwards several decades into the future, for an additional $15 billion/year ($1.25 billion/month) earned by ...

On his way out of the Senate, Sherrod Brown gifted millions of U.S. workers and retirees, including more than 100,000 Ohioans, when he led the effort to pass the Social Security Fairness Act ...

Many people are worried about the possible inheritance tax ... If you gift your property to your children and one gets divorced, that property could form part of the matrimonial pot to be divided ...