Let's say that you're an individual who wants to give money to two people, your son and his wife. Maybe this is to help with a wedding, down payment for a home or building a family. You can likely ...

We want to know how to sign our house over to our son without any tax involvement. Should we just add his name to ours or use ...

Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...

A recent Tax Court order highlights the gift and estate planning opportunities afforded when a senior family member makes ...

It is very rare for an ordinary household to owe money on gifts. The gift tax has a somewhat complicated two-tier structure.