An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries ...

Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to ...

Economists have warned the government it faces a number of difficult choices in the upcoming Budget, with Rachel Reeves already indicating that more tax rises and spending cuts can be expected. The ...

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...

Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of: ...

Downsizing relief is a little-known benefit that could save your loved ones tens of thousands of pounds in inheritance tax ...

With a background in financial journalism across national titles, Ruby loves helping people take control of their money and specialises in pensions, tax, banking and benefits. Giving cash in 2026 is a ...

Government raises IHT thresholds to £2.5 million, bringing festive cheer for family farms and businesses facing tax ...

Farmers in Cornwall have said the government's climbdown on inheritance tax has not gone far enough. On Tuesday, the ...

Jim Emsley of ELM Legal Services warned GB News that "the law does not fill in the gaps that people assume it will." ...

Reforms to agricultural property relief had sparked strong opposition, and the government has now diluted its controversial ...

Ministers raise the assets threshold at which the levy will be payable to £2.5mn after backlash from rural areas ...