If you’re worried about owing gift taxes if you give money or property away, keep this in mind: Very few taxpayers end up on the hook for this particular tax. There are two reasons why. The first is ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. In March 2025, the U.S. Tax Court delivered a pivotal ruling in Estate of ...

With the Autumn Budget fast approaching, uncertainty around potential changes to inheritance tax and lifetime gifting rules ...

Our gift tax calculator estimates how much of your annual and lifetime exclusions will be used up by your gift, and whether you'll have to pay any taxes on it. Many, or all, of the products featured ...

Property gifts between lineal ascendants/descendants are fully tax-exempt but must be documented via a registered deed and ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...