If your late loved one was generous with gifts, then unless they kept good records you might have to turn detective when filling in inheritance tax forms. Even when an estate is not large enough to ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Families are often able to build up a substantial net ...
Inheritance Tax is sometimes paid on the 'estate' of someone that has died, including property, possessions and money - but how exactly does it affect you?
Parents are being cautioned against gifting their children money outside of birthdays and Christmas due to inheritance tax ...
More than one in 10 retirees plan to cut back on gifting to children and grandchildren, despite concerns we could see ...
Some parents worry that leaving too much money to their children could hinder their growth or well-being. But what constitutes “too much” is deeply personal. For some, it’s about fostering a strong ...
A family has been ordered to pay £176,000 in inheritance tax by the court after wrongly interpreting gifting rules, which they thought would mean they avoided a bill after their father died. The ...
Families across the UK are feeling the pinch as changes loom over a long-standing tax rule. Grandparents are already scaling ...
Families are often able to build up a substantial net worth through owning property, like a farm, or a small business. Unfortunately, time and time again, a patriarch’s plans to pass his legacy on to ...