A large inheritance isn't the most common occurrence, with only 21% of Americans receiving one, but 21% of the U.S. population is still nearly 70 million people, and you'll want to be fully prepared ...

Research predicts that millennials are due to hold five times as much wealth as they do today by 2030 as they're estimated to inherit over $63 trillion from boomers. But younger generations are more ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For many people, estate planning can feel overwhelming. As ...

The wheels of government grind slowly. The Office of Tax Simplification (OTS) first published recommendations for reforms to inheritance tax (IHT) almost two years ago, but ministers have yet to ...

Australia’s structural budget problems can no longer be ignored, and it’s time we had a long hard think about uncomfortable tax reform.

Q. I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help? — Planning A. We’re glad ...

Gavin Oldham, chair and founder of The Share Foundation, asks if money collected in inheritance tax is benefitting those who ...