Death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax.

Estate tax repeal may happen. What does that mean to your planning? (The answer is not to do nothing). Your will/revocable ...

Snowbirds need a comprehensive estate plan that addresses their unique circumstances. This checklist covers key ...

In 2025, the federal estate tax exemption is set to decrease to $5 million, potentially impacting estates with significant ...

So, when you file your tax return, you can simply deduct a certain amount from your taxable income and be done. For the 2025 season, the standard deduction is as follows: If the standard deduction ...

How often should you review your trust and estate plan? Is there a regular cycle to these reviews, or should they be driven ...

I am 70-year-old man, single, and in reasonable health for my age. I do not have any siblings and would like to give the bulk ...

Tax season is underway, but with Elon Musk having influence over the Treasury Department as head of the Department of ...

Get help from the IRS’s tools or the Volunteer Income Tax ... your key forms to file your return. Some forms tend to come late, such as the Schedule K-1 from a partnership, S corporation or ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax ... States Estate [and Generation-Skipping Transfer] Tax Return). What Is a Revocable Credit Shelter Trust?