IRS Rule Change May Affect How You Leave Assets to Heirs

February 9, 2024


Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS – SmartAsset.

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Sweet Briar College in Virginia has instituted an admissions policy that bars transgender women next school year, making the school an outlier among the nation’s diminishing number of women’s colleges. The private women’s liberal arts school said the policy stems from the legally binding will of its founder, Indiana Fletcher Williams, who died in 1900.…

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