I just inherited a windfall. What are the potential tax consequences?
If the benefactor dies with a will, the responsible party assigned will file the return and pay the taxes. However, if no ...
'It is hard to watch them buy a Mercedes': My father left $600K to my stepmother. Her family put the money in a trust. Is my inheritance lost?
My stepmother's family claims they cannot find the original will. The lawyer who wrote the will does have a copy and his assistant actually witnessed the signing. I still carry the last name of my ...
Money blog: CEO of JP Morgan tells staff to return to office five days a week or 'find somewhere else to work'
In Money today: the most complained-about mobile, broadband and pay-TV companies; our latest mortgage guide; and the secret refund you can get on plane tickets worth up to £202; the average cost of a ...
Brutal HMRC warning to anyone who has gifted money to family
Generous Brits wanting to gift money and belongings to loved ones before they die have been urged to familiarise themselves with the government's inheritance tax (IHT) rules ...
Martin Lewis explains how to pass on £1m with no Inheritance Tax to pay
Returning on the latest episode of The Martin Lewis Money Show Live on ITV1 and ITVX, Martin explained how Inheritance Tax ...