Labour 'own goal' as wealthy Brits find way to dodge Reeves' inheritance tax raid
Financial experts are seeing a rise in requests for a form of 'protection' which wealthy savers can take out to avoid the ...
Inheritance tax changes are coming – how should you prepare?
Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...
New York Magazine7h
The Sneaky Ways Parents Transfer Money to Their Children
Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...
An uncle is leaving 70% of his £500k estate to charity - so who pays the inheritance tax bill?
My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian ...
Farming Life2d
What will the impact of the Inheritance Tax be on a family farm in Northern Ireland?
The Northern Irish Rural Valuers Association (NIRVA), in conjunction with the Central Association of Agricultural Valuers (CAAV), has used available data to look at the impact of the October Budget’s ...
24/7 Wall St.3d
Considering Early Inheritance? How to Navigate Gift and Estate Taxes
Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...
JD Supra6d
The Estate Planning Benefits of Marriage: What Unmarried Couples Need to Know
It is becoming increasingly commonplace for people to enter long-term romantic relationships without legally marrying. While there are no ...
An aunt left him out of her will. Can his siblings share the windfall?
You can share an inheritance, but may have to notify the IRS so that you’re in compliance with gift tax rules.
Liz Weston: Youngest brother was left out of aunt’s will. How much can we share with him without tax penalty?
My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...
I want to give my grandson a $500K inheritance when I pass away — but I worry about my daughter’s poor financial decisions. Can I skip her and gift it to him directl…
There’s no rule stating you can’t bypass your own kids when leaving money to your grandkids, but there are legal and ...
Taxpayers With Missed IRS Form 3520 Filings Face Tough Decisions
If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...
Investopedia12d
Why Are the Cayman Islands Considered a Tax Haven?
Marc Guitard / Getty Images The Cayman Islands are considered a tax haven because the Caymans do not impose a ... The British Virgin Islands, for example, has no corporate tax, estate tax, inheritance ...