Dear Liz: My wife and I have purchased a few properties over the years and now we would like to give these properties to our children. I’ve read that the best way to gift properties is to wait until ...

In our weekly series, readers can email any question about their finances, to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot Financial Planning and ...

Comerica reports on seven critical gifting mistakes in estate planning that can lead to tax liabilities, urging careful ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article is more than 2 years old. Understanding and ...

Selling Swag Partners' founder explores how companies leverage gifting programs to streamline operations, control budgets and enhance brand consistency. In the competitive landscape of multifamily ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Gift tax returns could be the most misunderstood, neglected, and ...

Mortgage brokers are receiving a growing number of enquiries from homeowners looking for ways to use a property to help them avoid inheritance tax since the government revealed its plans to include ...

Learn about the gift tax rules, limits, and how to report taxable gifts to the IRS. Understand the lifetime exclusion limit and annual reporting requirements with examples.

But what many don’t realize is that gifting property, or even the cash to buy it, can come with unexpected tax consequences. Under federal law, certain gifts might be subject to the gift tax, and if ...

Rhonda Glenn’s parents wanted her to have the yellow house where she grew up in Central Islip. The four-bed, two-bath, split-level had a wrought iron fence designed as a replica of the one around the ...