Inheritance tax is charged at 40% on estates worth more than £325,000, known as the nil-rate band. If your home is left to a direct descendant – typically a child or grandchild – an additional ...
HMRC embarked on almost 4,000 probes into unpaid inheritance tax in the year to last April, new figures show, in an increasingly tough crackdown on families it thinks have tried to evade their full bi ...
Here’s how to give money to your children safely, legally and tax-free ...
A sensible target is 10 to 20 per cent for lifestyle, and the rest becomes your ‘freedom capital’ that you put to work to ...
Inheriting a windfall may seem like a dream come true, but it can cause tremendous anxiety, guilt, and even leave you ...
Families trying to avoid inheritance tax by using trusts face upfront charges if they fail to set them up before the rules ...
This phenomenon is sometimes called Sudden Wealth Syndrome (SWS), a psychological condition affecting people who suddenly ...
Divorce at this stage of life is not just about dividing assets, but about creating clarity and control. By prioritising ...
While most adult children (95%) believe they’re ready to manage an inheritance, a quarter (25%) of parents disagree.
The increase is part of HMRC's aims to increase revenue from underreported and misvalued estates.
After the initiative by Federal Chancellor Christian Stocker (ÖVP) to hold a referendum on conscription, the coalition partner SPÖ now also has its own ideas on how to use this instrument.
It’s no surprise to anybody who is paying attention that the complex system that governed the relationship of men and women ...