Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

With the recent increase of the 2026 federal estate and gift tax exemption to an unprecedented and astounding $15 million per person (a whopping $30 million for married couples), the necessity of ...

Here's the thing about estate planning: most people don't think about it until it's too late. The stepped-up basis provision has been quietly saving families billions in taxes for decades, acting as a ...

Estate planning usually involves determining how to pass assets on to younger generations. But instead of leaving a piece of real estate, bank account or burgeoning stock portfolio to your children, ...

I noticed this tweet from a wealth adviser: “The greatest perpetuator of U.S. wealth inequality is the stepped-up basis rule. Basically, when you die, all the capital gains on your assets (home, ...

I recently completed my third 20 county tour across Iowa’s 1st Congressional District to hear more about issues that are top of mind for Iowans. One topic that came up repeatedly was the ...