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 ...

However, when you're gifting cash, you'll have to keep HMRC in the back of your mind as you could risk your family facing an ...

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 ...

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 ...

The inheritance tax changes – which have been dubbed the ‘tractor tax’ or ‘family farm tax’ – have been described as ‘cruel’ ...

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

Marlene Engelhorn, 31, is set to give away $27 million of her inheritance. Her ancestor, Friedrich Engelhorn, founded BASF, one of the world's largest chemical corporations. She is recruiting 50 ...