Data from Quilter shows just 1,490 estates have utilised the "gifts out of surplus income" rule over the past three years.

Beyond this, any gifts are “potentially exempt transfers”, subject to IHT if given in the seven years before death, the rate of which tapers as you get closer to that limit. If you’re 80 with an ...

Growing numbers of homes are attracting inheritance tax when their owners pass away, leaving loved ones with a bill to pay.

Whether clients choose to give specific sums to charities during life or at death, charitable giving allows individuals to ...

The first crackling sound came like the snap of dry wood. Then came the flames—wild orange tongues licking the old Toyota ...

Term life insurance offers affordable coverage for a set period — here’s how it works and when it makes sense to buy a policy ...

Desperate times for retirement security require desperate measures. That’s why I summoned the Supreme Grand Poohbah.

Nearly 10,000 families have faced investigation into their inheritance tax (IHT) liabilities in the past three years, new ...

A Q&A on the potential 2026 estate, gift, and generation-skipping transfer (GST) tax changes and how counsel should approach planning with the uncertain future of federal transfer tax.

The NCOIL resolution calls for state governments to support efforts to add lifetime income options to defined contribution retirement plans and to make income planning advice and tools available ...

A net 30,000 New Yorkers fled the city for Florida’s Palm Beach and Miami-Dade counties in the five years through 2022, taking with them a combined $9.2 billion in income, a new report shows.

In common-law jurisdictions, a donor can give away a remainder interest in land but retain a life interest that is ... the land or the partial interest in land qualifies as a gift under the Income Tax ...