Sometimes, a parent will give money or property to a child or grandchild while the parent is alive. Gifts made while the gift-giver is alive are legally called “inter vivos” gifts. When there are ...

What if giving your children an early inheritance now could benefit everyone involved, financially and emotionally? There ...

The presents are unwrapped, and gifts exchanged. But that gift with your name on it, or that new vehicle in the driveway with a big bow on top, is it really yours? Or, in the event of a divorce or ...

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record high of ...

The State Capitol in Albany (photo: Michael Appleton/Mayoral Photography Office) As New York State faces a severe budget shortfall and awaits federal aid, some lawmakers and activists are advocating ...

The Treasury ruled out relief changes to Inheritance Tax earlier this week despite recommendations from the Office of Tax Simplifications (OTS) to the contrary. As it turned down suggestions to ...

Chancellor Rachel Reeves is set to deliver the Autumn Budget on November 26, and there are huge expectations that tax rises will be included. Labour's manifesto pledged not to raise income tax, VAT, ...

Thousands of grieving families were hit with shock inheritance tax bills of up to £1.4m because their relatives died within seven years of passing on gifts, data shows. In the tax year 2020-2021, ...