Spousal inheritance planning is a critical topic to safeguard their wealth and ensure a smooth financial transition during a ...

Warren Buffett is sharing wisdom for parents: talk to your kids about their inheritance — before it's too late. Along with his annual Thanksgiving gift to ... 1,500-word letter about how he ...

In an open letter to Reeves, Family Business UK, representing 32 trade associations and 160,000 family businesses, has urged the chancellor to reconsider the inheritance tax changes. The letter warns ...

I'm planning to use gifting out of surplus income to mitigate inheritance ... as a wedding gift. In order for your gifts to qualify as gifting out of income, the money must form part of your ...

During the four years before Patient A died in 2016 George took gifts from him, including a car, and cared for him knowing ...

A warning has been issued as more Brits could face inheritance ... some form of transition." Michael Summersgill, chief executive of AJ Bell, recently criticised a proposal in a letter to the ...

a gift tax may be applied and withdrawing money from the cash value of a life insurance policy could also spark income taxes. Even a small inheritance can represent more money than you’ve ever ...

The move is set to trigger an 85pc rise in inheritance ... gift far larger sums of money and can be used alongside the £3,000 annual exemption. To make a claim, the family must fill in the IHT403 ...

Any unused allowance from the previous tax year can be carried forward, potentially allowing gifts of up to £6,000 per person or £12,000 for couples this festive season. Small gifts of up to £250 can ...

I am writing to bring to your notice the unacceptable situation with the recent changes to inheritance tax brought in by the Labour government and its ... However the changes that have been brought in ...

The Post welcomes letters up to 250 words on topics of general interest. Letters must include full name, home address, day and evening phone numbers, and may be edited for length, grammar and ...