Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.

Longtime homeowners would be exempt from paying property taxes when they reach that benchmark under a bill introduced in ...

He has decided to give some money away now to me and my sister and will give us £90,000 each for a pension, but I am worried ...

A landmark legal ruling could pave the way for people to save hundreds of thousands of pounds on their inheritance tax bills.

as there is a lifetime gift / estate tax exemption limit. (For 2025, that limit is $13.99 million.) There's also an annual gift exclusion limit—the most you can give in 2025 without reporting it ...

A "very effective” way to dodge HMRC inheritance tax has been revealed: normal expenditure out of income exemption. The ...

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for ...

There are many reasons for a business owner to develop a succession plan. It can ensure continuity and minimize disruptions, ...

Nicholas Mirkay, Associate Dean for Academic Affairs and Professor of Law at the William S. Richardson School of Law, joins ...

Here are two ways to manage the effects of tariffs in Canada, plus three statements to prepare to ensure you’ll be OK.

On 6 April we start a new tax year, which means you have about a month to make the most of 2024-25 allowances.