More families are being dragged into paying inheritance tax — and many are fighting back by using a quick and easy legal trick that could save their loved ones thousands. With tax thresholds frozen ...
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 ...
Elevated interest rates and record-high consumer debt continue to impact the economy and strain borrowers. Despite cooling inflation, prices aren't coming down fast enough to provide meaningful relief ...
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, ...
Every $100,000 inherited could generate $10,000 annually for life through smart investing, yet most Australians squander this life-changing opportunity on home upgrades, writes Ben Nash. When you ...
Though TV and film often present inheriting a large sum of money as a happily-ever-after moment, the reality is usually far messier. The last thing you want to do while grieving a loved one is fill ...
When you receive a cash injection, the smart move is to take a breath and plan before you rush into major decisions or purchases. You don’t want your money sitting there doing nothing, but parking ...