Term insurance could also be an option for farmers who are succession planning now and want to transfer their assets to the next generation as a lifetime gift. Under the so-called “seven-year rule”, ...

Sadik Al-Hassan said he was growing increasingly concerned that issues regarding the future of farming are not being ...

Sadik Al-Hassan said he was growing increasingly concerned that issues regarding the future of farming are not being ...

Good communication, along with clear details of asset ownership, effective partnership agreements and wills can go a long way ...

Iowa has the lowest state inheritance tax, at a maximum of 2%. Kentucky and New Jersey have the highest, at a top rate of 16%, but they are among a group of three states that offer exemptions up to a ...

Savers who want to spend their pension cash before next year's IHT cash grab are reportedly facing six-week delays.

Here are eight types of income that are free from federal taxes. Child support payments are nontaxable income for those who ...

The Labour Government has been accused of “crucifying” farmers as they descended on Westminster in tractors in protest over ...

He also advises considering lifetime gifting, as it can "reduce the size of your estate and remove assets from potentially being subject to inheritance tax at a later date." However, he warns that ...