When someone passes away, and leaves their belongings to others, an inheritance tax may apply. In a nutshell, inheritance tax is typically paid by the heirs or beneficiaries who receive the assets, as ...

When a spouse passes away, the financial implications can be overwhelming, especially for those unfamiliar with estate planning or tax rules. Spousal inheritance planning is a critical topic to ...

When it comes to transferring wealth, estate planning and tax planning go hand in hand. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

When a loved one dies, there are a lot of things to worry about, from planning the funeral to dealing with your own emotions. As is often the case though, money is a major part of the calculus of life ...

Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...

Tax and estate planning is always a year-end ritual, but this time the stakes are higher. A sweeping federal overhaul, new ...

Estate planning expert Steve Bish advised people to make the most of allowances in the tax code following what he describes as “terrible news” in last month’s budget.

Inheritance tax rules could get even tighter in the coming months as chancellor Rachel Reeves is reportedly planning a crackdown on the value of financial gifts individuals can make during their ...

Think you only have to worry about the seven year rule to avoid inheritance tax when making gifts? Think again – a little known quirk in the system can trigger an HMRC probe going back as far as 14 ...