The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

The Mirror's Kevin Maguire argues that Brextremists and Trumpists have proved they are unfit to ever govern Britain again, ...

Advisors explain when life insurance matters most — from early career to major milestones and everything in between.

Rachel Reeves is reportedly exploring measures to increase revenue from inheritance tax by tightening gift rules, a move that ...

The changes would mean that gifts from - for example - parents to children would no longer escape the tax system ...

Labour is planning to introduce a major tax change in April 2027 that will see inheritance tax of up to 40 per cent apply to ...

For years, many people assumed that passing down a Roth IRA to their heirs was a tax-friendly move that wouldn’t trigger hefty estate taxes. But as tax laws evolve, so does the answer to whether your ...

Britain’s finances won’t be “fixed.” They’ll be managed like a decrepit car: duct tape on the bumper, air freshener to hide ...

With the government still under pressure to boost revenue, attention now turns to what tax changes the 2025 Budget might ...

More than half of wealthy parents have taken this step to reduce inheritance tax liabilities for their loved ones, according to recent figures.

Paying money directly into their retirement pots is one way to beat the taxman – and could create a lucky generation of ...

You can also reduce inheritance tax by putting your life insurance policy under trust, drawing up a deed of variation that ...