While federal rules shield the majority of families from paying death taxes, state-level policies tell a far more varied ...
The B.C. government’s latest budget says it is “raising income taxes and expanding sales tax to address ballooning debt.” ...
Many people purchase second homes without fully understanding the tax consequences. Second home ownership has tax benefits but also carries potential tax traps.
Families who cope best with inheritance tax (IHT) paperwork are those who plan ahead, say experts. We look at all documents ...
Sums falling outside the IHT exemption level currently attract a 40% tax-charge payable by the deceased’s beneficiaries. When ...
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My family would pay inheritance tax on my £250,000 Bentley – can I put it in a trust?
Terry Mackintosh has owned the vintage car for 67 years but does not want to leave his children with a hefty bill by passing ...
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I've been left £20,000 can I pass it to my kids as 'surplus income' free of inheritance tax?
I have recently received just under £20,000 from my late mother's will and would like to pass it on, can I do so and avoid an ...
I'm 80 and I need to get my financial ducks in a row. I have $650,000 in investments, $250,000 in life insurance and about $150,000 equity in my home, plus good long-term-care insurance. All of this ...
Mehul Bheda and Tanmay Patnaik explain inheritance tax rules in India for jewellery, art, stocks, cryptocurrencies, and cross-border assets. Learn key tips.
“Savers benefit from clarity and consistency. Assuming no surprises in the Spring forecast, the case for giving the system ...
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