Here are some steps to take so your windfall is a path toward an even brighter financial future, rather than a dead end. From ...

If your late loved one was generous with gifts, then unless they kept good records you might have to turn detective when filling in inheritance tax forms. Even when an estate is not large enough to ...

Learn about gifts in trust and how they help distribute assets according to the grantor's wishes and protect wealth for ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business. Unfortunately, time and time again, a patriarch’s plans to pass his legacy on to ...

Sometimes, a parent will give money or property to a child or grandchild while the parent is alive. Gifts made while the gift-giver is alive are legally called “inter vivos” gifts. When there are ...

From self-assessment tax returns to HMRC struggles, the Telegraph’s tax expert, Mike Warburton, answered all the tax questions that have been bothering you. Last week, Mike shed a light into which ...

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record high of ...

However, when you're gifting cash, you'll have to keep HMRC in the back of your mind as you could risk your family facing an ...

Cash is an easy and quick present to give over Christmas – and it could protect some of your estate from the taxman down the ...

The State Capitol in Albany (photo: Michael Appleton/Mayoral Photography Office) As New York State faces a severe budget shortfall and awaits federal aid, some lawmakers and activists are advocating ...