Rosie Hooper guides a reader through a very difficult time in their life, as they prepare for their terminally ill wife's ...

Pensions are going to become liable for death duties like other assets such as property, savings and investments starting in ...

Britons are urged to check if they can benefit from an “underused” inheritance tax (IHT) rule to reduce potential bills.

A bill (LB468) from Sen. Rob Clements of Elmwood would dramatically reduce the inheritance tax while raising fees and ...

Managing your estate in a way that reduces potential taxes is a good idea but make sure you can afford it and will not need ...

Inheritance tax (IHT) has had its threshold frozen at £325,000 since 2009 and is currently set to remain at that level until 2030 at the earliest. Had it risen by inflation in the intervening ...

Over the weekend, Nigel Farage used a double-page spread in the Daily Mail to set out his “manifesto” for Reform UK, which ...

Wealthy retirees are choosing to spend their pension on holidays rather than passing it on to their descendants to avoid ...

Beyond this, any gifts are “potentially exempt transfers”, subject to IHT if given in the seven years before death, the rate of which tapers as you get closer to that limit. If you’re 80 with an ...

Only the richest 4 or 5 per cent of families currently pay inheritance tax, which is charged at 40 per cent on assets above the key thresholds - though that is expected to rise significantly when ...