Beaumont Wealth is encouraging families to review their Inheritance Tax (IHT) position, as frozen tax thresholds and r ...

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

As with estate tax, an inheritance tax, if due, is applied only to the sum that exceeds the exemption. Above those thresholds ...

Learn what constitutes an estate, the essentials of estate planning, and how to draft your will to effectively manage asset ...

Popular reasons for rejecting a windfall include avoiding tax hits, preserving government benefits, managing family dynamics, giving to charitable causes and using generation-skipping estate planning ...

In a bid to minimise the effects of Labour’s looming inheritance tax raid, increasing numbers of people are turning to Family Investment Companies (FICs) as a means of protecting their hard-earned ...

There are many legal ways to dodge the dreaded 40 per cent 'death tax' if you want to pass on the maximum sum possible and ...

As hard-working families seek ways to shelter their assets from the creeping inheritance tax (IHT) net, one tactic used by the wealthy is on the rise. High earners who’ve alread ...

The introduction of IHT on pensions from April next year represents a reset for retirement planning, writes Lauren Kiley ...

But there is a middle ground. By using a little-known trust-based strategy, you can move a lump sum outside your estate for IHT purposes, while retaining the right to a regular income for life (or ...