RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Liz Weston

A collection of news and information related to Liz Weston published by this site and its partners.

Top Liz Weston Articles see all

Displaying items 1-5
  • Gift tax return should be filed when parents give house to child

    Gift tax return should be filed when parents give house to child
    Dear Liz: In 2007, my parents signed over their house deed to my name. Does this trigger the gift tax? They never filled out a gift tax form. Is it too late? Dad has passed on but Mom is still with us. She has Alzheimer's disease, and I have her power of attorney. Are there no taxes due because of the lifetime exclusion?
  • How should couple with age gap tap Social Security spousal benefits?

    Dear Liz: I am 55 and my wife is 65. She only worked a few part-time jobs as she spent most of her working years raising our nine beautiful children. My question is, since she does not have enough credits to collect Social Security on her own work record,...

    Worker is secretly reclassified as a contractor

    Dear Liz: I just received my tax forms from my employer for last year. I was originally a W-2 employee, paid hourly, as a receptionist. But it seems that at some point during the year, my employer changed me to a 1099 employee without telling me or having...

    Counting assets before paying for college

    Dear Liz: We have a son who is a high school junior and who is planning on going to college. We met with a college financial planner who suggested we put money in a whole life insurance policy as a way to help get more financial aid. Is that a good idea?...

    Widower may be out of inheritance

    Dear Liz: My wife of 34 years died five years ago. Her father is 94. He has accumulated a large amount of wealth over the last 40 years. I always made a point of staying out of financial discussions between my father-in-law and his daughters. He told us...