If a trust is part of your estate plan, your assets will need to be transferred into it at some point. Most of the time, this is a fairly simple process that requires nothing more than listing the ...

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Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a will is also not taxed ...

While the process of adding a spouse to a deed can be relatively simple, there are some tax implications that make it more ...

A tax deed is a legal document that allows a city or county to transfer ownership of a property that has gone into tax foreclosure. This means the homeowner has failed to pay property taxes and the ...

New FinCEN rules starting March 1 require reporting when residential real estate transfers to trusts or LLCs. Learn which transactions trigger filings.