The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
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: ...
On Tuesday the government said it would raise the inheritance tax (IHT) relief threshold for farmers from £1m to £2.5m for ...
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Is your inheritance tax allowance cut if you sell to downsize or sell your home to pay for care?
Downsizing relief is a little-known benefit that could save your loved ones tens of thousands of pounds in inheritance tax ...
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