Stellantis and Ferrari Chairman John Elkann and his siblings Lapo and Ginevra have settled a tax dispute in Italy over the ...

Your children are too young to legally own real estate in their own names, so some kind of guardian or trustee would need to ...

The daunting task of working out and paying inheritance tax must be done in the immediate and intense period of grief after a ...

A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can ...

Life insurance policies are held in trust and can be an effective way of settling the IHT bill of an estate. Both types of policy pay out in the event of death, ensuring heirs are not forced to sell ...

Maryland is the only state that imposes both an inheritance tax and an estate tax. Nebraska Parents, children, siblings and grandparents pay 1% on assets over $100,000.

How inheritance tax works. Around 4 per cent of people leave estates sufficiently large to make their beneficiaries liable for inheritance tax, but this is set to rise dramatically when pensions ...