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 ...

Transferring property into a trust is an estate planning decision that can affect taxes during your lifetime and beneficiaries later. The tax treatment depends on how the trust is structured and how ...

In order to appreciate the tax planning opportunities afforded by using a family limited partnership (FLP), the estate tax and the current limitations on transferring wealth in a tax-advantaged manner ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Mortgage brokers are receiving a growing number of enquiries from homeowners looking for ways to ...

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 ...