Diane Weber

Articles

My father and I are in practice together, but soon I'll relocate and start a solo practice. I'd like to buy some of the equipment I'll need from Dad, but a friend ran into a tax hitch when he did the same thing with his brother a few years ago. He doesn't remember the details. What's the potential problem?

When family ties boost your tax bill

I bought some shares of stock for $1,000 in 1990, and now they're worth about $30,000. If I give them to my son, will this be considered a gift of $29,000 or $1,000? And on which amount will he owe capital gains tax?

How to figure gift tax on stock shares

We want to consult a financial planner for advice on how to allocate our investment portfolio, so we're making a list of our assets. Should we include the market value of our vacation home? What about the jewelry my wife just inherited from her grandmother?

Which of your assets are true investments?

Heavy flooding in my town recently caused a backup of sewage into a neighbor's house. Does homeowners insurance cover that sort of damage?

An odoriferous gap in homeowners coverage

I want to put my home, which I own free and clear, in my adult son's name. That way it will be out of my estate and he'll get it directly when I die. Are there any other tax consequences I should know about?

The wrong way to pass along a home

Roth 401(k) limits; online banking; tax-refund accounts