The estate pays estate tax before assets are distributed, while inheritance tax is paid by the beneficiaries who receive the inheritance. Estate tax is based on the total value of the deceased's ...

Understanding the Stepped-Up Basis Benefit Before It's Too Late Here's the thing about estate planning: most people don't ...

Sums falling outside the IHT exemption level currently attract a 40% tax-charge payable by the deceased’s beneficiaries. When ...

Also, while I am writing to you, I do wonder if we missed out on a major tax-saving wheeze. My mother gave us her car, valued at £5,000 in the months before she died. This then effectively became a ...

Money expert Martin Lewis has explained how people who are getting married again can lose hundreds of thousands of pounds to ...

Martin Lewis has issued an inheritance tax warning to couples who are not married, explaining how it could cost them hundreds ...

FARMERS in Basingstoke are calling for a Swiss-style approach to importing crops, fruit and vegetables. In Switzerland, which operates a highly protectionist, flexible import system which prioritises ...

Personal finance expert said exemptions only apply to married or civil partners, not cohabiting couples, even those in ...

Martin Lewis has revealed two “crucial” marriage rules that could affect your inheritance tax. The Money Saving Expert ...

With the deadline to pay property taxes without penalty approaching, many Central Texans are taking a closer look at their tax bills and asking a familiar question: where does all that money actually ...

This cultural and political opposition to inheritance may be increasingly popular, but it is poisonous. Inheritance is how societies compound the achievements of past generations, preserving ...

Families should be given at least 12 months to pay Inheritance Tax (IHT) once it starts being charged on pensions from April 2027, a House of Lords Committee has told the Government. In a new report ...