November 2021

Deena wants to throw her stepdaughter Amba out of the house when she finds out that she is dating Harjeet. Is Dhaniya behind the gossip? Amba knows that Dhaniya suspects that her child, Manu, is a girl. Therefore, she will do…

getty As part of your estate plan, you need to determine whether it is possible for your IRA or 401 (k) to end up in the hands of the creditors of one of your heirs. A general rule of thumb is that qualifying…

Make sure your generosity at Christmas doesn't mean a tax bill for your familyIt is simply a tax on a person's property at the time of death. It may also be payable by the recipient of the donation depending on the value of the donation…

Q. My mother-in-law passed away last December and left a small estate to share with the family. After reading the tax forms, I'm not sure if the estate requires a deposit. All beneficiaries are class A. Gross assets are classified as…

Following my two recent columns on inheritance tax, I have a few other helpful tips from your questions that you might find helpful. I used to park for free on the street, at the hospital; there was no tax on my insurance premiums; the!-->…

Essentially, a beneficiary may be liable for tax owing if there is not enough money left in the estate. This could apply if an RRSP or RRIF is the primary or sole asset of an estate. However, it is important to consider that a…

Bhubaneswar: The Bhubaneswar Development Authority (BDA) and the Odisha State Housing Board (OSHB) distributed a "rental deed" to more than a hundred beneficiaries of different programs of these two organizations during a function jointly…

Bhubaneswar: The Bhubaneswar Development Authority (BDA) and the Odisha State Housing Board (OSHB) distributed a "rental deed" to more than a hundred beneficiaries of different programs of these two organizations during a function jointly…

The complexity of the UK inheritance tax system means that it is very easy to make mistakes when it comes to donating. Statistics show that £ 50 billion is returned annually to HM Revenue and Customs (HMRC) in the form of payments that…

Getting an estate in order is not on the forefront of many people's minds, but by neglecting it, the Brits could cause those close to them to lose much of their remaining inheritance. The amount of inheritance tax (IHT) claimed by the…