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2. The Gifting Strategy That Could Help You Avoid Estate Taxes - AOL

   www.aol.com/upstream-gifting-help-avoid-estate...

   Upstream gifting is a tax and estate planning strategy that calls on giving highly-appreciated assets to someone in an older generation, who in turns leaves the assets to the original owner's ...

3. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."

4. Biden’s Change in Inherited Real Estate — How It ... - AOL

   www.aol.com/biden-change-inherited-real-estate...

   President Biden's $1.8 trillion American Families Plan, unveiled before Congress earlier this week, includes a proposal to change taxes on inherited real estate. While the change is aimed at ...

5. Gift tax - Wikipedia

   en.wikipedia.org/wiki/Gift_tax

   In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. [1] A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to be ...

6. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   The estate tax is part of the federal unified gift and estate tax in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life. In addition to the federal government, 12 states tax the estate of the deceased.

7. Should I Start Gifting Money (or Even My House) to My Kids? - AOL

   www.aol.com/news/start-gifting-money-even-house...

   But when it comes to your house, giving that away is probably a really bad idea. Skip to main content. News. Need help? Call us! 800-290-4726. Login / Join. Mail. Downloads; Premium Subscriptions ...

8. Gift (law) - Wikipedia

   en.wikipedia.org/wiki/Gift_(law)

   The donee must accept the gift in order for the property transfer to take place. [1] However, because people generally accept gifts, acceptance will be presumed, so long as the donee does not expressly reject the gift. [2] A rejection of the gift destroys the gift, so that a donee cannot revive a once-rejected gift by later accepting it.

9. How Much House Can You Afford on One Income? - AOL

   www.aol.com/finance/much-house-afford-one-income...

   If you’re trying to buy a home on one income — whether to live there by yourself or paying your share as part of a multi-person household — it’s important to be mindful of what you can afford.