Stellantis and Ferrari Chairman John Elkann and his siblings Lapo and Ginevra have settled a tax dispute in Italy over the ...

The siblings John, Lapo, and Ginevra Elkann have reached a comprehensive agreement with the Revenue Agency regarding the tax ...

Your children are too young to legally own real estate in their own names, so some kind of guardian or trustee would need to ...

Life insurance policies are held in trust and can be an effective way of settling the IHT bill of an estate. Both types of policy pay out in the event of death, ensuring heirs are not forced to sell ...

When it comes time for a business owner to transition or sell their business, taxes tend to be one of the most important ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

That means two things. First, you could legitimately move half the money into another account for your son, preferably with ...

A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can ...

Some heirs have time to prepare. They know how much they’re going to get because a parent, grandparent or spouse has told ...

My husband is inheriting a house from elderly friends, in his name only. It's worth $1 million or more. We do not live in a community-property state. We have one son who is now a young adult. We will ...

Nebraska voters could have the chance to outlaw property, income and inheritance taxes under a proposed constitutional ...

When you inherit a property, the decision to keep, rent, or sell can feel overwhelming, especially when emotions are involved ...