With the new administration in office, discussions around potentially eliminating the step-up in basis are gaining momentum.

What, exactly, is a classic car? Is there just one kind? And what does a "classic car" designation mean for its tax status?

Your estate can benefit from a refresh every now and then. And that includes how you manage your portfolio in a down market.

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

Unfortunately, the reality is that your financial obligations to the tax authorities persist even posthumously, as estate duty and other taxes are levied against your estate before any inheritance ...

Inherited property may sound like a windfall. But it can actually be complicated and difficult to sort out—especially when ...

One legal document could save your family thousands of dollars and make sure your wishes are honored. Here’s how to get it ...

In Australia, bracket creep has become a silent but significant burden on taxpayers, eroding real take-home pay and fuelling the growth of government revenue without explicit consent. Bracket ...

The introduction of a tourist tax in July next year stacks up the case for reviving Marketing Edinburgh, or something similar, to ensure there are enough bums on all those seats for viable ...

It means the deceased trusted you to handle important tasks, like collecting assets, settling debts, filing estate tax returns, and distributing the estate’s assets. However, serving as an ...

Her employer matches this and also pays £200. This means £400 goes into her pension pot each month. While on maternity leave, the woman's pay drops and now she pays £100 into her pension pot ...