Here's what you need to know about the deceased's final tax return, reporting income and deductions, inheritance and more.

The Biltmore Estate, the extravagant former home of the Vanderbilts and one of North Carolina's biggest attractions, was among the structures slammed by the remnants of Hurricane Helene last week.

The Biltmore Estate, America’s largest home, has released a statement addressing the extensive damage caused by Hurricane Helene, which wreaked havoc across Asheville, NC, and the surrounding ...

For the first time, all 50 states; Washington, D.C.; and Puerto Rico created digital equity plans under the planning grant program. The Pew Charitable Trusts reviewed all 52 plans to assess the range ...

It boiled down to one question: Whom do you trust? Not you, the voter — but you, the candidate. And what Walz wanted to make very clear, in a remarkable exchange that got little post-debate ...

Also, be wary that it can be the case that you need to survive for 7 years after gifting your property to a trust or another person for it to no longer count as part of your taxable estate. If you are ...

"For example, one taxpayer who is without power due to Hurricane Helene yesterday needed to walk through the flooding to a local police station that is supported by a generator to print and sign a ...

Editor’s note: This story was updated Oct. 3, 2024, to reflect updates to the list of eligible vehicles. If you’re shopping for or researching an electric vehicle in 2024, you’ve probably ...

Biltmore has not released images or updates on specific damage, but a September 30 statement on the estate’s website reads: “Due to significant flooding, impassable roads, and widespread power outages ...

This named party is the trustee. Trusts are established to provide legal protection and safeguard assets, usually as part of estate planning. They can ensure that assets are properly distributed ...

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Services like TurboTax and H&R Block walk users through ... Itemized deductions may include mortgage interest, real estate taxes, property taxes, disaster losses, state and local income or sales ...