March 2021

I notice that you get a lot of questions about inheritance. I know this can be a very complicated area, but I remember hearing about an insurance policy that you can get and you won't have to pay…

New rules will come into force from 1 January 2022 to simplify current compliance with inheritance tax regulations.Reporting regulations will be simplified later this year, so that from January 1, 2022, more than 90% of non-taxable estates…

The Iowa Senate unanimously passed legislation to eliminate the state's estate tax and introduce planned income tax cuts more quickly, advancing one of the top priorities Republican Governor Kim Reynolds' legislative elections.The bill,…

Requests for revision of the tax law to accept works of art as means of payment of inheritance tax have increased in recent months Treasure No. 285, Gilt Bronze Standing Bodhisattva (left) and Treasure No. 284, Gilt Bronze Standing…

A common form of estate planning in the United States is for an individual to create and fund a revocable trust (sometimes called a living trust or living will). However, structures of this nature can be problematic for anyone with ties to…

Republicans on a Senate committee have voted to phase out the estate tax.…

Every week, Mansion Global poses a tax question to real estate tax lawyers. Here is this week's question. Q. My four siblings and I inherited a house in Dublin. My brother, who lived there, died last year and the house has now been!-- >!-- >…