I own a piece of property with my two sisters and a brother. The property is currently worth $1.2 million. The property is a tenancy in common with equal shares Read more
Tag: estateplanning
How do you pass along wealth? Start with a conversation.
Talking about money and death can be awkward, and family dynamics can make it even trickier, which is why so many families downplay or ignore estate planning resulting in hurt Read more
Opinion: Don’t have $13 million? The lifetime estate- and gift-tax exemptions for 2023 still matter to you.
The wealthiest families in the U.S. will get a bit of inflation-adjusted relief from the IRS in 2023, with the lifetime estate-tax exemption increasing to $12.9 million for individuals, up Read more
How can I give my investment account to my noncitizen son?
Dear Harry, My wife and I have a joint brokerage account. My son lives in England and is not a U.S. citizen. Our financial adviser has told us that we Read more