The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

Dear Eric: I have a friend who is in her mid-50s and is single with no kids. Both of her parents are deceased. Related Articles Asking Eric: Why is my daughter so opposed to my new job? Asking Eric: ...

More retirees are withdrawing tax-free cash from their pensions in instalments and then gifting it to younger generations – in what financial advisers say is a bid to use a little-known inheritance ...

In what’s being described as the Great Wealth Transfer, economists project that more than $100 trillion of wealth will pass from the baby boomer generation to their children over the next 25 years. As ...

Billionaire businessman, Sunjay Kapur’s untimely death came as a shock to the business and entertainment world. But a month after his demise, a feud for his inheritance began. Sunjay was married to ...

Recent revelations made about Prince Andrew and Sarah Ferguson in a new biography Entitled: The Rise and Fall of the House of York, have left Princess Beatrice and Princess Eugenie in a pretty ...

The woman said her husband wants to instead invest the large sum of money received from his father Latoya Gayle joined PEOPLE as an Associate Editor in 2024. Her work has previously appeared in The ...

The government has confirmed it will press ahead with plans to apply inheritance tax to unused pensions on death, despite significant opposition. But a surprise change to the policy could leave your ...