The April 15 tax filing deadline is approaching, which also marks the due date for filing a gift tax return if you made ...

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

In today's climate of uncertainty—locally, nationally, and globally—the role of estate planners as risk managers is more crucial than ever. With the political and economic landscape shifting, ...

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.

Connect with a fiduciary advisor today. In fact, most families will never have to worry about either the gift tax or the estate tax thanks to gifting exemptions that are adjusted upward every year ...

The purpose of a gift in trust is to avoid gift/estate taxes, 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 ...

First, a brief review of the rules governing assessments. For example, U.S taxpayers are responsible for filing annually ...

Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

The wealthiest people in the U.S. could see major tax hikes next year, sending high-net worth clients to financial planning ...

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

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