One effective way to reduce estate taxes is to limit the amount of appreciation in your estate. If you’re a business owner, there may be no better gift than your company’s stock. Assuming your business is growing, you’ll keep a substantial...

Are frequent flyer miles ever taxable? Generally not if they’re awarded for flying with an airline or using a credit or debit card, because they’re considered a nontaxable rebate. But sometimes the IRS views miles as taxable. It might do so when...

No estate plan is complete without considering long-term care (LTC) expenses and how to pay for them. A partial tax-free exchange of an existing life insurance policy can provide a funding source for LTC insurance coverage. Ordinarily, if the...

Getting started on your estate plan: Inventory and value assets; estimate tax liability Could your estate be subject to the 45% federal estate tax? To find out, the first step is to determine what your estate is worth. Then subtract any assets...