All too often, wealth planners focus only on the dollars. From annual monetary gifts to conditional clauses in inheritance documents, the subject of family wealth
Read MoreCategory: estate & gift
Decedents Are Receiving Stimulus Checks: What Happens Next?
(Updated May 21, 2020) Shortly after stimulus checks started going out, I began receiving inquiries from taxpayers who had received checks intended for deceased relatives.
Read MoreAsk The Taxgirl: Gift Tax Returns & Coronavirus
Taxpayer asks: Any idea whether the filing extension applies to gift tax returns? Taxgirl says: AUTHOR’S NOTE: There is (finally) official word from the Internal
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IRS Confirms That Making Large Gifts Won’t Adversely Impact Estates
Ready to do some estate planning, but worried that the rug could be pulled out from under your feet once the Tax Cuts and Jobs
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Supreme Court Rules That Residency Is Not Sufficient To Tax Income In Trust Case
The Supreme Court issued a decision in North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust—and it’s unanimous. The Court ruled that
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Taxes From A To Z (2019): G Is For Gross Estate
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can
Read MoreLove & Marriage: What’s Tax Got To Do With It?
It’s wedding season. Love may be all you need – but here are a few money matters to consider, like taxes.
Read More17 Famous People Who Died Without A Will
Prince Rogers Nelson (better known as Prince) made headlines recently when his sister filed documents claiming that the entertainer died without a will. As hard as that might be to believe, it’s not all that unusual. Here are 17 famous people – including Prince – who died without a will.
Read MoreExecutors Seek $100 Million For Work On Estate Of “Queen Of Mean”
The executors of Helmsley’s estate have submitted a bill for services rendered totalling $100 million. The Office of the Attorney General of New York has stepped in to challenge the bill, claiming that more of the estate of the former “Queen of Mean” should go to charity.
Read MoreBindi Irwin Dancing Through Legal Maneuvers To Get Paid After Court Requires Proof Her Dad Died
Australian-born Bindi Irwin has danced her way into the hearts of American television audiences with her star turn on season 21 of ABC’s “Dancing With
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