Labour has a new fiscal blackhole and the clamour for the Chancellor to fill it by hitting Britain's most prosperous ...

The first would result in bereaved families paying capital gains tax on top of inheritance tax. According to RSM, this could ...

The state pension triple lock ensures the payment rises by the highest of inflation, 2.5 per cent or average earnings each year ...

My husband is inheriting a house from elderly friends, in his name only. It's worth $1 million or more. We do not live in a community-property state. We have one son who is now a young adult. We will ...

That means two things. First, you could legitimately move half the money into another account for your son, preferably with ...

Without a solid plan, emotional decision-making, overspending and poor investments can quickly erode even the most ...

A “great wealth transfer” may be on the horizon. Will a gift from grandma save the middle class?

The heirs of late Samsung chair Lee Kun-hee have sold a luxury villa in Seoul ’s Itaewon district for 22.8 billion won (£13m) ...

Gen Z now leads all age groups regarding their intention to pass on wealth (39%) while 30% expect to receive one. Millennials ...

Learn about 7 inheritance clauses that now trigger federal review, from offshore accounts to undervalued assets. Protect your ...

Even tax threshold changes in the last few years are biting due to the recent period of much higher inflation. The income tax ...

As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves.