To make the inheritance process simpler, the government has withdrawn the mandatory clause to probate a Will. A validly executed Will can now be acted upon directly by heirs and institutions such as ...
Additionally, reducing inheritance taxes is possible, provided the owner of the assets is still alive to make the arrangements. As a taxpayer, you may also take advantage of certain state discounts.
The UK Government said the reforms will make the tax system fairer for family farms by ensuring only the largest estates face higher bills. Photo / Supplied The British Government said today that it ...
Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...
Noted economist Prabhat Patnaik has flagged India’s sharply rising income and wealth inequality and advocated the introduction of a wealth tax and an inheritance tax to finance a set of ...
Collecting an inheritance, we're told, should be a blessed event. The circumstances are tragic, but it's still a free cash gift, right? Reality is, inheriting free money can be a stressful and ...
This article was reviewed by Felix Gussone, MD. Key Takeaways: Body composition offers a clearer picture of health than weight alone, because it reflects your unique proportions of fat, muscle, bone, ...
The government has U-turned on its plans to launch an inheritance tax raid on farmers. After months of intense backlash and protests in Westminster, Labour has increased the threshold – the point at ...