Fact checked by Vikki Velasquez The average inheritance for American households is $46,200, according to the Federal Reserve.

Growing numbers of homes are attracting inheritance tax when their owners pass away, leaving loved ones with a bill to pay.

Growing numbers of homes are attracting inheritance tax when their owners pass away, leaving loved ones with a bill to pay.

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record ...