Friday July 10, 2026

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Gift Tax Surprise
Personal Planner
Bill: "Every year I pay income tax. And when I pass away my estate will owe tax. But I was absolutely stunned today to hear that I might even have to pay a gift tax! Do you mean that if I give...
Guidance Issued for Child IRA Accounts
Washington News
The Treasury Department and the Internal Revenue Service (IRS) recently issued guidance regarding the new child IRA accounts, also known as "Trump Accounts." In Revenue Procedure 2026-25,...
Robotic Pets Can Provide Comfort
Savvy Living
My parent, who has dementia, recently moved into an assisted living facility that does not allow pets. I am thinking about getting them a robotic pet. What can you tell me about them? It is...
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