That means two things. First, you could legitimately move half the money into another account for your son, preferably with ...

Learn about 7 inheritance clauses that now trigger federal review, from offshore accounts to undervalued assets. Protect your ...

As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves.

A wealth tax would be economically damaging, administratively burdensome and ultimately counterproductive. There is a clear need to push back against calls for one in the UK.

A new report, commissioned by Mayor David Skaith and launched today at the Great Yorkshire Show in Harrogate, has revealed that more than half of all farms in York and North Yorkshire are not making a ...

Thousands of businesses at risk as inheritance tax charge on pensions threatens the future of commercial premises in 2027.

When it comes time for a business owner to transition or sell their business, taxes tend to be one of the most important ...

The GOP extended and increased the higher gift and estate tax exemption and affected AMT thresholds. What might this mean for ...

Personal Finance Inheritance Tax Brits could use ‘highly effective’ estate planning tool to cut inheritance tax rate by 10% Inheritance tax policy changes are prompting a surge in individuals ...

If you receive an inheritance, you won’t owe extra taxes. But if you’re estate planning, consider how your assets will be taxed after you die.

In a bid to minimise the effects of Labour’s looming inheritance tax raid, increasing numbers of people are turning to Family Investment Companies (FICs) as a means of protecting their hard ...

My wife and I are 80. What are the tax implications and pitfalls, if we sell our house and buy another jointly with my son and his family?