Parents are locked in a race to organise financial gifts and inheritance tax arrangements ahead of an anticipated clampdown ...

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 ...

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 ...

Receiving an inheritance, whether expected or unexpected, is a bittersweet experience. While the extra money (or assets) may feel like a stroke of luck, it also comes with a major responsibility: ...

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 first rule is simple: If you receive property in an inheritance, you won't owe any federal tax. That's because federal law doesn't charge any inheritance taxes on the heir directly. That's similar ...

“When you inherit investments, you don’t have to pay any capital gains. These are deferred until you sell it, but the trick ...

From self-assessment tax returns to HMRC struggles, the Telegraph’s tax expert, Mike Warburton, answered all the tax questions that have been bothering you. Last week, Mike shed a light into which ...

A ballot measure to prevent future legislative sessions from imposing taxes on an estate or inheritance appears likely to ...