Families can give away assets during their lifetime to reduce inheritance tax liabilities, but failing to meet gifting rules ...

Missing’ inheritance tax is expected to soar as the government aims to raise extra £2 billion through rule changes ...

Some 220 estates last year received a tax bill on £61 million worth of gifts given away incorrectly, according to HMRC data.

The resounding financial goals of many high-net-worth families center around the growth, preservation and eventual methodical ...

UK households can avoid a bumper £1M of Inheritance Tax fully legally, and all you need is a single piece of paper.

A living inheritance is giving financial assistance to younger generations while still alive, rather than bequeathing it upon ...

The measure will bring unused pension funds and death benefits into the scope of inheritance tax from April 2027.

To give an example of how this works, if your property is worth £500,000 and you’ve agreed your half will go to your children ...

Inheritance can be a complicated topic, often tied to deep emotions and family dynamics. One of our readers, Janet, recently ...

Where someone has an estate over £2m, the residence nil rate band taper can be avoided by giving lifetime gifts to bring their estate below £2m. This can be done at any time before death because the ...

I recall much of my formative youth in the United States spent sharing a home with struggling guests and families. Sharmin Ahmad “Reepi,” my mother and Tajuddin’s eldest daughter, once hosted a family ...

Long-term support release due in September brings features ranging from stable values and structured concurrency to ahead-of-time method profiling and JFR CPU-time profiling on Linux.