An inheritance can feel like a mixed blessing. There are many important financial decisions to make, but navigating your options during a stressful time can be overwhelming. Unless you and your loved ...

Research predicts that millennials are due to hold five times as much wealth as they do today by 2030 as they're estimated to inherit over $63 trillion from boomers. But younger generations are more ...

The wheels of government grind slowly. The Office of Tax Simplification (OTS) first published recommendations for reforms to inheritance tax (IHT) almost two years ago, but ministers have yet to ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Trusts are surging in popularity as a way to avoid inheritance tax, according to new government figures and financial ...

IHT is paid on the estate of someone who has passed away. There’s normally no tax to pay as long as the value of the estate ...