Tax

For ultrawealthy clients who own property, an adviser's starting point should be an irrevocable trust. But you can't stop there.

Harvesting losses to write off taxable gains is one strategy to address the Trump administration's plan to scrap the 3.8% net investment income surtax.

Certain planning techniques allow estate owners to bequeath vacation homes without triggering hard feelings and large expenses.

Most fortunes disappear by the time grandchildren have taken control.

So-called reverse mortgages present a number of appealing features for borrowers — and a number of confounding tax implications, Michael Kitces writes.

A 2014 law lets clients disabled before the age of 26 to save as much as $14,000 annually without facing any tax burden.

Here’s one reason why beneficiaries should consider setting up a life estate.

10 planning strategies from analysts and experts.

If implemented, wealthy clients may consider making charitable donations and waiting until next year to realize income.

From health care expenses to taxes, how planners can help clients strategize.

Retirees saw a small increase in expendable income once they started collecting Social Security, according to a new study.

Thematic ETFs have proliferated as funds started in the last six months looking to trade on political agendas, such as tax reform and infrastructure spending.

Many of the president's "core principles" were similar to promises he made on the campaign trail, including a reduction to 15% in the rate for businesses.

Advisers with their own practices would see their tax rates cut to 15% under the new proposal.

The plan would be paid for partly with the elimination of deductions and loopholes for the wealthy, raising fears over tax-exemption.

The proposal includes cuts that would benefit businesses, the middle class and certain high-earning individuals but left unanswered questions about whether the plan would be paid for, or how.

Many are unaware that fostering a pet or installing a swimming pool can help them qualify for a deduction.

Section 1031 of the IRS Code may seem arcane, but using it can be highly beneficial to certain clients.

Delayed retirement credits only accrue to age 70, but there still may be tax issues to consider.