“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for ...

Ms Partridge warned that given the economy has failed to grow as minister hoped it would, Chancellor Rachel Reeves has only ...

The article discusses tax implications for gifting pieces of art to tax-exempt charities, specifically focusing on how donors ...

One of the biggest announcements to come out of the autumn budget was the decision to make certain types of pension subject ...

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.

Wealthy individuals often pay less in inheritance taxes than we expect. Learn how tax exemptions, trusts, and legal ...

A tax cut of $536 a year for each worker has set up a political fight with the Opposition vowing to block what it calls an ...

You can also give away regular gifts for birthdays or Christmas from your usual income tax-free. Other allowances to note ...

Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...

For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...

Whether you’re transferring property, or offering a monetary gift, being properly informed can save you significant amounts ...