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Q: I am 76 and my wife is 58. I own our home outright, and she will inherit the house when I die through a living trust. Is it to her advantage to maintain the situation the way it is from a capital gains perspective, or should I add her to the deed now? I am thinking of the step-up in valuation of the house when she inherits it to minimize her capital gains tax if/when she sells the house.

Because home prices have risen so dramatically since 2020, tax assessments are rising as well—which means larger annual property tax bills. Higher property taxes can be daunting for homeowners, but they are a boon for state and local governments that rely heavily on property tax revenue. Pro…

The Federal Reserve raised a key interest rate one-quarter of a percentage point on Wednesday, the same level of an increase as in its previous meeting seven weeks ago. Repeating that small hike might not seem dramatic, but after a turbulent couple of weeks for the global economy, the 25-basis-point boost is a pretty big...


Need gift ideas to help with the ladies in your life? This list will surely help you make the grade.

As spring sports get underway at East Palestine High School in Ohio, organizers are trying to create normalcy for student-athletes while cleanup from the February train derailment and toxic chemical burn continues just over a mile away. Environmental officials say testing shows the air and water there are safe, but health and safety concerns have disrupted the sports schedule. Nearly a dozen schools have pulled out of the invitational track meets East Palestine hosts. Athletic director Dwayne Pavkovich says he understands why they have reservations. But when other schools ask what they can do to help, his answer is simple: Come and play us.

The Republican-controlled North Carolina General Assembly has given final legislative approval to a Medicaid expansion agreement. Thursday's state House vote reverses longstanding opposition to the measure, which now goes to expansion advocate and Democratic Gov. Roy Cooper for his expected signature. GOP legislative leaders reached a deal earlier this month, wrapping up years of debate over whether the politically closely divided state should accept the federal government’s coverage for hundreds of thousands of low-income adults. North Carolina is one of 11 states that haven’t yet adopted expansion. The bill contains one caveat: A state budget law must be passed before expansion can be carried out.

For the first time in three decades, the U.S. has a new favorite dog breed, according to the American Kennel Club. Adorable in some eyes, deplorable in others, the sturdy, push-faced, perky-eared, world-weary-looking and distinctively droll French bulldog became the nation's most prevalent p…

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