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 ...
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 ...
Financial advisers say more pensioners are using tax-free retirement cash and gifting it to their children as 'surplus income' to try and cut inheritance tax bills ...
More than one in 10 retirees plan to cut back on gifting to children and grandchildren, despite concerns we could see inheritance tax changes in the Autumn Budget A growing number of retirees plan to ...
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