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INHERITANCE
In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...- 70% women control portfolios, but none received structured financial training, study finds gap in wealth successionA study by Equirus Wealth finds that 70% of women have the final say over their investment portfolios, yet none of the respondents received...
- How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the...
- In 2007, heirs sold a conservation easement on inherited farmland for $910,000, in 2013, they got a shock from US Tax CourtIn Van Alen v. Commissioner, decided on October 21, 2013, the court ruled in favour of the Internal Revenue Service (IRS). The dispute invo...
- In 1966, Walmart bought George Washington’s Virginia farm. But locals raised $2.2 million to save his childhood home. Now, it stands as a historic landmarkFerry Farm, the childhood estate of George Washington, faced potential demolition for a Walmart in Virginia. In response, local residents r...
- Retirement in India vs the US: How parents balance financial security, caregiving, and inheritanceIn the US, parents tend to protect their assets for their own use in retirement, and choose to not spend it disproportionately on their chi...
- ‘Building wealth for your children is only half the job’: CA explains the financial lessons parents should teachCA Nitin Kaushik has warned that building wealth for children is only half the job, as parents must also prepare them to manage their inher...
- Horoscope Today, October 10, 2026: New Moon Calls for Patience as Capricorn Reviews Long-Term Goals, Aquarius Breaks Old Patterns and Pisces Seeks PeaceThe Sun and Moon remain in Virgo, bringing a grounded focus to research, structured planning, and partnership alignments. While retrograde ...
- Succession battle breaks out at TVS as camps disagree over business division, family MoUDeep disagreements over inheritance have emerged between Venu and Mallika Srinivasan's children, leading to potential legal action. While V...
- Who was Phyllis Stone? Worked for more than 35 years at Mobil Oil, accumulated tens of thousands of ExxonMobil shares, died in 2013 with $6 million estateStone worked at Mobil Oil for more than three decades and accumulated shares in the company over the years. Her family also had investments...
- Watching the sea at duskDaily demands can leave individuals feeling drained, but the sea continues its timeless rhythm unhindered. As night falls, the changing col...
- Sisters demanded 1/3 share in parents’ lands, citing Hindu Succession Law, but brother won the case in Madras HC; know whyBrother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents’ lands,...
- Son fights for full share in father’s property after stepmother transfers it to daughter, who sells it; SC rejects his claimSon claims to fully inherit father’s property under Mitakshara Hindu law, however, stepmother gave it to step-sisters who sold it; Supreme ...
- Married daughter becomes sole legal heir for father's land without patta, her ownership rights were rejected by authorities; High Court orders to accept her claimHimachal Pradesh High Court has quashed an order denying a woman patta for land her father was granted in 1972, ruling that the Nautor Land...
- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
- Argentina to retire Messi’s No. 10 jersey? Why FIFA rules could block historic tribute as Argentine icon bids farewell to international footballLionel Messi played his final match for Argentina against Benin, scoring one goal and assisting two others. His retirement ends a remarkabl...
- Florida influencer inherits father's house, told to leave because she's 28; HOA asks neighbours to pay $155,000 legal billBethany Michel, a young social media influencer at age 28, is embroiled in a controversial eviction from her family home in Arbor Mill. The...
- Rs 67 lakh ancestral jewellery declaration in ITR triggers income tax notice of unexplained credit: Here's why lady won at ITAT MumbaiWife filed Schedule AL in ITR for first time and got hit with unexplained credit income tax notice for ancestral family jewellery worth Rs ...
- India should tax capital income, not wealth or inheritance: Economist Daniel WaldenstromIndia should focus on taxing capital income, such as corporate profits and dividends, to address inequality. Economist Daniel Waldenstrom s...
- Can a married daughter inherit government-allotted land? HC protects her rights under the Hindu Succession ActMarried daughter’s right in 3 bigha 2 biswas agri land granted by govt to her father protected by HC under Hindu Succession Act. Read this ...
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