Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...

Savers are ripping up and rewriting their wills in an attempt to dodge Rachel Reeves’s inheritance tax raid. Law firm Irwin ...

If approved, the maturity proceeds in such dollar-denominated insurance plans will be tax-free if the premium amount is under 10% of the sum assured. Currently, maturity proceeds in Gift City ...

To give them a 10% deposit, I think I would need to be able to hand over £50,000 to each of them. How much would I need to ...

Dividends and capital gains for the umbrella entity of a special purpose vehicle involved in ship leasing activities and having a presence in GIFT City will now be tax-free. This, according to ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Gov. Janet Mills has warned against such broad-based tax reforms and Republicans have already vowed to oppose any tax ...