Sam Bassett | Iconica | Getty Images If you’re sitting on a few million dollars and you want to save on taxes, consider giving some of it away. The Tax Cuts and Jobs Act roughly doubled the amount an individual can transfer to others without being subject to the 40% gift and estate tax. In
Getty Social capital is the practice of developing and maintaining positive, healthy relationships. Those relationships make up the social networks of people willing to help each other when necessary. Capital generally refers to assets, and social capital refers to the resources that are available to people because of their networks. Sociologists go much further in
Share to facebook Share to twitter Share to linkedin In addition to Trump’s financial records, the committees are seeking information on his children … [+] Donald Jr., Eric and Ivanka. AP Photo/Evan Vucci Topline: A federal court said Tuesday it will not stop Deutsche Bank and Capital One from handing over ten years of President
In Los Angeles, a salary of least $124,080 is needed to buy a home with a median price of $649,600. Getty The dream of homeownership is alive and well for many Americans despite considerable obstacles, including rising home prices, saving for a down payment and student debt. Real estate and data analytics provider CoreLogic today
Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas
Buildings along Victoria Harbor at night in Hong Kong, on April 29, 2019. Justin Chin | Bloomberg | Getty Images Law Ka-chung stepped down as chief economist at the Hong Kong unit of a Chinese state-owned bank and has alleged he was forced to do so because he is a native of Hong Kong, the
An employee places price tags on Black Friday sale items displayed for the media at a Wal-Mart Stores Inc. location in Burbank, California, U.S., on Thursday, Nov. 16, 2017. Patrick T. Fallon | Bloomberg | Getty Images Walmart and Target bucked the overall trend of a calmer Black Friday, as the big box retailers saw
Kerkez | Getty Images There are certain traditions you probably want to keep this holiday season. Ballooning credit-card debts shouldn’t be one of them. Yet a recent survey from CreditCards.com found that 45% of all card holders are willing to take on holiday-related credit-card debt this season. Meanwhile, some 41% of adults who have a
Getty How much do you need to save in order to retire? This is a very common question, and the answer sometimes gives people sticker shock. Fortunately, simply working a bit longer or taking a closer look at spending can make a very big difference. One rule heard often, for example, is that by 67
The most common question I receive about college savings is, “What happens if my kid doesn’t go to college?” There are two reasons families ask this question: They are worried about locking money into college savings that will never be used or or that they’ll be penalized for non-qualified withdrawals. They want an excuse to