Searched for
INHERITANCE TAX
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFsIndian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals...
TVS family succession dispute raises governance questions for listed companies, says InGovernA succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement...
Why did Leona Helmsley leave $12 million to her dog Trouble but exclude two grandchildren? Here's what happened after her deathHelmsley owned a white Maltese dog named Trouble. She included provisions for trouble in her last will, dated July 15, 2005. She directed t...
Where should you retire in 2026? Florida leads, but other US cities to consider for healthcare, activities and affordabilityFlorida dominates WalletHub’s 2026 retirement rankings, claiming the top three spots. But Scottsdale, Casper, Atlanta and other US cities a...
Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That...
It's taxing to be a Delhi womanWomen in Delhi are disadvantaged by high transport costs tied to safety concerns during late-night commutes. Urban planning must be reforme...
Warren Buffett’s 6 golden rules for investors after retirementWarren Buffett’s retirement advice focuses on low-cost index investing, paying off high-interest debt, maintaining cash reserves, staying w...
In 2019, a woman bought a Missouri home at a tax sale; a beneficiary deed complicated who really owned it; what exactly happened?The case is Diana J. Thompson and other v. Heirs of Kathryn L. Metcalf and others. In 2016, a woman in Marshall, Missouri, signed a benefic...
India to remain strict on quality: Industry minister Piyush GoyalIndia's Commerce Minister Piyush Goyal emphasised a strict stance on quality and environmental regulations. He noted that many companies ar...
Inherited gold jewellery: Keep it, sell it or exchange it? 5 things to check first
In 2012, a Philadelphia property went to a tax sale after unpaid bills piled up; years later, the fight over leftover money continuedNotably, James died in 2016. Then Loretta Leverett went to the court. She said that she was the surviving spouse and an interested party. S...
India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
When it comes to Trump's economy, these are the numbers that matter before mid-term electionsUnited States President Donald Trump attempted to convince voters before the upcoming mid-term elections that the American economy is growi...
United Airlines CEO Scott Kirby calls for inheritance taxes near 100% and a national wealth tax. What he wants the US to change and why it mattersScott Kirby, the CEO of United Airlines, has called for a nationwide wealth tax and higher inheritance taxes. He argues that wealth inequal...
Your inherited home is not a money machine: What Indian heirs must know
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 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
In 2000, Allen Paulson left behind $193 million fortune, unpaid taxes, family inheritance fight led US authorities to pursue his heirsPaulson died on July 19, 2000, leaving behind an estate valued at $193.4 million for federal estate-tax purposes. Most of his assets were h...
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...
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...