You might think it’s only the elite who should bother with trust funds for their heirs, but as more families are drawn into the inheritance tax net every year, trusts are becoming increasingly useful ...
Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...
In our weekly series, readers can email in with any financial dilemma and enter the Money Moral Maze. Are your friends racking up big drinks tabs and then trying to split the bill equally; is your ...
U.S. Attorney Jay Clayton for the Southern District of New York said that his office would look to get non-prosecution agreements signed “as quickly as possible" for companies that self-report ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Inheritance tax implications As a grandparent, you can use trusts to remove assets from your estate, and therefore outside the scope of inheritance tax. When you put money into a bare trust, it counts ...