The largest generational wealth transfer in Canadian history is upon us, with baby boomer parents expected to pass $1 trillion in assets to their gen-X and millennial children by 2026. Yet despite ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

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 ...

Farmers from north-east England and Cumbria have described the government's decision to raise the proposed threshold for taxing inherited farmland as "a relief" and "a step in the right direction". At ...

The government has U-turned on its plans to launch an inheritance tax raid on farmers. After months of intense backlash and protests in Westminster, Labour has increased the threshold – the point at ...