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 ...

A massive transfer of wealth is about to occur between generations in Australia. We’re asking readers to share their experience Get our breaking news email, free app or daily news podcast Over the ...

Martin Lewis has revealed two crucial marriage rules concerning inheritance tax. There is no inheritance tax on assets left between spouses, married or civil partners. This exemption applies ...

The biggest sting in the proposed new tax on higher superannuation balances is not in the headline top tax rate of 40 per cent, it’s in how it makes super’s existing “death tax” so much more painful ...

Home Retirement Inheritance Inherited an IRA? Don't Fall Into the 10-Year Tax Trap The rules on inherited IRAs have tightened, and most non-spouse beneficiaries must empty the pot in 10 years or face ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...