If an NRI wishes to gift offshore funds, the funds must first be brought back to India and then remitted abroad.

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

Taxing the rich is a policy typically associated with Democrats. Since most voters think the wealthy don’t pay enough in ...

The potential impacts of proposed Trump-aligned tax reforms on estate planning means families and advisors must proactively ...

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

Finance Secretary Ralph Recto earlier announced plans to increase the rates for capital gains, donor and estate taxes to 10 percent from the present six percent ...

Giving your child money toward a down payment can help them save money and borrow less when buying a home. This can be especially helpful when they're dealing with soaring home prices and ...

How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. "You can absolutely gift your son or anybody you want... as many people a year as you want ...

Donor’s tax, meanwhile, is a tax on a donation or gift and is imposed on the gratuitous transfer of property between two or more persons who are living at the time of the transfer. Estate tax is ...

You can gift up to $19,000 a year to your child without triggering gift taxes, but it won't give you a tax deduction. If you're in a strong financial position, helping your child with student loans ...

"If the person can have the stamina to hold on and not cash it in" within a few years of reception, they're a good form of ...

Your property is likely to be your highest value asset which is why more homeowners may look to the capital locked up in ...