If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...
Estate planning is one of those tasks that makes almost any other job look appealing, no matter how lowly: Cleaning the filter on the vacuum cleaner has more appeal. You may even wonder if your assets ...
Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...
Trusts can be a tool to cut inheritance tax - but a reader wants to know if they can use several at the same time ...
I have inherited a portion of a generation-skipping trust. My portion should amount to $30,000. The question is whether to take the cash or leave it to be managed by the bank. I have a moderate income ...
For those preparing to transfer wealth, try to balance technical planning with family considerations. Minimizing taxes and ...
Sir Keir Starmer was grilled at the start of the Labour conference over allegations that he previously avoided an inheritance tax bill. The prime minister denied putting a seven-acre field he bought ...