A single life event like an inheritance or home sale can complicate your tax situation. Some of these tax triggers may change ...
Inheritance tax is paid at a rate of 40pc on assets worth more than £325,000, with an additional £175,000 for anyone passing ...
More families are using trusts for inheritance tax planning as the £325,000 threshold remains frozen since 2009.
A growing numbers of families are being pulled into the inheritance tax net as thresholds remain frozen at £325,000.
There are now at least 825,000 trusts across the UK ...
The biggest inheritance tax advantages comes from a simple seven-year rule. According to the government, if the person setting up the trust lives for at least seven years after transferring the assets ...
While most adult children (95%) believe they’re ready to manage an inheritance, a quarter (25%) of parents disagree.
Adult children don’t like to think of themselves as “kids.” Many have careers, mortgages, families and responsibilities of ...
Learn about the ongoing multi-trillion dollar U.S. wealth transfer and how you as a benefactor or heir can make the most of it through estate planning.
Many Canadian family trusts fall into the foreign non-grantor category under U.S. law, creating unexpected tax exposure and ...
One of the most common estate-planning mistakes has nothing to do with wills or trusts. It happens quietly through joint accounts and ...
A reader asks: 'How do I know if this payment is correct?' ...
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