Givers’ remorse: The consequences of wealthy parents attempting to reclaim money from their children
Reconsidering Wealth Transfers: Insights for Parents Last year’s changes to inheritance tax laws left many wealthy parents relieved, but they also raised questions for some about whether they may have given away too much to their children. Now, there’s a growing concern about how to potentially reclaim some of those funds. Prior to the passage […]
‘Givers’ vs ‘receivers’: SALT conflict sparks discussion between blue and red states
President Trump’s domestic agenda bill has sparked discussions about whether blue states are financially supporting red states. After pressure from House Republicans in predominantly blue regions, the bill was revised to raise the state and local tax (SALT) credit limit to $40,000. This change is seen as a significant win for a small group of […]