Despite an intention to add a spouse or domestic partner to their Will, at times a decedent may neglect to do so prior to his ...

My brother-in-law is still being very aggressive that I need to gift my inheritance to my sisters and not share my ...

“Assets are kept in the family, and the inheritance intended for children from previous marriages is protected.” Even assuming all things are equal and both spouses would have upheld their ...

Nigel Farage hit back at Rupert Lowe as Reform UK descended into civil war today. He insisted Reform is not a "protest party" and swiped that Mr Lowe would not have had a "cat's chance in hell" of ...

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 ...

Campaigners have urged Chancellor of the Exchequer Rachel Reeves to close what they have described as a tax “loophole” ...

“Instead, it is a temporary waiver from an inheritance tax charge that would ... by being open to public access, now form the backbone of the successful UK tourism industry,” he said.

4. How the seven-year rule works Large gifts in excess of £3,000 can be made without incurring inheritance tax – but only if you survive the gift by seven years. This is widely known as the ...

It includes all forms of income that do not fall under the other four categories. Section 56 of the Income Tax Act governs this income head and ensures that all revenue earned is subjected to taxation ...

If you receive property as a gift, you are generally considered to have acquired the property at its fair market value (FMV) on the date you received it. Similarly, if you win property in a lottery, ...

Research from financial advisory service Findex found 35 per cent of Millennials and 43 per cent of Gen Z are expecting some form of inheritance, suggesting that, at least in part, they are ...

The United States unveiled its list of countries eligible for the 2025 US Visa Waiver Program on Monday, 24 February. According to Business Insider Africa, forty nations from Asia, Europe ...