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The widow and two daughters of LG’s former chairman sought to invalidate an inheritance agreement, claiming they were deceived into forfeiting their rightful inheritance.
More families are setting up trusts to avoid paying inheritance tax, figures from HMRC suggest. Around 121,000 trusts were registered in the 2024-25 tax year, up from 115,000 the year before, taking ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Inheritance tax (IHT) receipts rose to a total of £7.1 billion in the first 10 months of the ...
I have been managing my widowed mother's finances for the past few years. She is 90 years old and her trust consists of a home, an IRA that I am trying to gradually wind down over the next five years, ...
Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...
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 ...