Learn about gifts in trust and how they help distribute assets according to the grantor's wishes and protect wealth for ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

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: ...

A family has been ordered to pay £176,000 in inheritance tax by the court after wrongly interpreting gifting rules, which they thought would mean they avoided a bill after their father died. The ...

U-turn lifts limit from £1m to £2.5m after protests and warnings that family farms were at risk ...