Tag: Estate taxes
Here are the legal and personal ramifications of dying without a will
C.j. Burton | The Image Bank | Getty ImagesWhat happens if a loved one dies without a will? Millions of us are bound to find out, as two-thirds of Ame [...]
IRS bumps estate-tax exclusion to $12.92 million for 2023
Bernd Vogel | Getty ImagesUltra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week. Starting in 202 [...]
The wealthy now have more time to avoid estate taxes
If your family has significant wealth, it's now easier to avoid federal estate taxes, thanks to recent changes from the IRS.The IRS improved a strateg [...]
As number of billionaires climbs, new calls for wealth taxes emerge
A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire businessman Jeff Bezos, near the U.S. Capitol on May [...]
It is unclear how Biden will defend some companies from tax hikes
President Joe Biden speaks throughout a joint session of Congress on the U.S. Capitol on April 28, 2021.Bloomberg | Bloomberg | Getty PhotographsSo [...]
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