Taking out an insurance policy to pay inheritance tax can make things easier on your beneficiaries after your death. It can ...

The Treasury says that, with tax allowances, in reality, only farms worth £3m would be affected, just 28 per cent of family ...

After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Inheritance is only taxed if the deceased individual resided in one of the five aforementioned states. Therefore, if the heir ...

What are inheritance taxes? Inheritance taxes are imposed on items left to an individual by someone deceased. The tax rate to ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

You’ll want to ensure your wealth is transferred to your chosen beneficiaries in a timely and efficient manner, without large inheritance tax bills. Your estate plan should take account of tax and ...

Currently no tax is due if you live for seven years after giving a person money. This is potentially going to be increased to ten years, which would mean more people triggering inheritance tax ...

Let us know: [email protected]. The inheritance tax seven-year rule is “under threat” in Rachel Reeves’s Spring Statement, wealth advisers have warned. Tax experts said they had seen an ...