In addition to paying sales tax on the things you buy, you may also be required to pay taxes on its perceived fair market value later on. These personal and business taxes are assessed on certain ...

Tangible personal property – that is, property (other than land or buildings) that you can see or touch – is a special asset class in many estates. A client’s tangibles include their jewelry, clothing ...

Today’s question is: If you’re married, who owns the untitled tangible personal property in your household? What we’re talking about are sofas, chairs, tables, beds, big-screen TVs, stamp collections, ...

The Tax Cuts and Jobs Act of 2017, which went into effect Jan. 1, 2018, is the most comprehensive federal tax changes in a generation. The Act will have a major impact on estate tax planning going ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Editor’s note: In this commentary, Jeff Scroggin and Michael Burns underscore the importance of planning for the disposition of tangible personal property, which, as they so cogently point out, is ...

Q: My mom wants to create a list of personal items she'd like her grandchildren to receive from her estate when she dies. How can she go about this without rewriting her will? A: In addition to a will ...

Gov. Jim Justice appears at an anti-Amendment 2 event in Mercer County Tuesday afternoon. (Photo courtesy of the WV Governor’s Office) CHARLESTON — Gov. Jim Justice has been traveling around the state ...

Question: My lawyer drew up my will in 1993 but it does not mention the jewelry I want to pass to my daughters and granddaughters. Do I have to redo it? Answer: Jewelry is considered tangible personal ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...