You Searched For "inheritance tax" and got 19 results
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2 mins read
What is inheritance tax
Inheritance Tax is what is payable to the government as tax on the properties that are inherit…
3 mins read
The family that owns Samsung is donating a treasure trove of art, including Picassos and Dalís, in an attempt to cut their massive inheritance tax bill
The family is set to pay a record 12 trillion won ($10.78 billion) in inheritance taxes, but it has…
Cheryl Teh
2 mins read
Late Samsung chairman's family sell $2 billion worth of shares to help pay huge South Korean inheritance tax
South Korea has a top inheritance tax rate of 50%, the world's second highest after Japan.
Polly Thompson
2 mins read
Researchers have found why some people are fans of ultra-rich individuals like Jeff Bezos or Elon Musk, but not billionaires in general
When billionaires were viewed as a group, a study's participants were more likely to be supportive …
Dominick Reuter
2 mins read
King Charles doesn't have to pay inheritance tax on the Queen's private estate worth more than $750 million
The Duchy of Lancaster estate generated revenues of $27 million last year for the Queen and the new…
Jyoti Mann
2 mins read
Foreign teenagers could be given £1 million+ British properties by super-rich families to avoid inheritance tax
"We are discussing with clients whether they may wish to de-envelope it and gift it to a son or gra…
Oscar Williams-Grut
3 mins read
David Cameron thinks it's fine for parents to give their kids big wads of cash
The two payments of £100,000 from his mother in May and June 2011 were "an attempt to balance out t…
Jeremy Wilson
3 mins read
Every citizen should get $14,000 on their 25th birthday, according to a radical UK proposal
Last year, for example, Finland undertook an experiment with so-called universal basic income (UBI)…
Will Martin
2 mins read
An heiress asked a group of strangers how to give away her $27 million inheritance. They've now told her what to do.
Marlene Engelhorn, an Austrian heiress, asked 50 strangers to help give away her $27 million inheri…
Joshua Zitser
6 mins read
Inheriting an IRA? Here are all the options and withdrawal rules beneficiaries should know
An inherited IRA is established with funds bequeathed from a deceased person's IRA or 401(k). Benef…
Lee Huffman
1 min read
Wealthy Austrians Are Demanding To Be Taxed MORE
"Austria, country of millionaires. Austria, country of inequalities," the Profil feature begins. "N…
Rob Wile
3 mins read
Fewer than 2,000 households will pay estate tax this year, so your inheritance is probably safe
The current estate tax became law in 2010. Then, in 2018, the estate tax exemption - the amount exe…
Eric Rosenberg
4 mins read
The Duke of Westminster may pay only 6% tax on his £9 billion inheritance - a perfect example of how UK tax law is biased against ordinary people
None of this would be a problem if Britain was a more dynamic society, one which allowed more upwar…
Jim Edwards
3 mins read
How rich Americans can save on taxes by giving stock and real estate to their parents
The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…
Hayley Cuccinello
2 mins read
Here comes the Budget...
It's Chancellor George Osborne's fifth budget, and with a general election looming in just a few mo…
Mike Bird
4 mins read
I inherited my dad's house at 33 after he died unexpectedly. The guilt and embarrassment of suddenly having money was painful.
Gary Nunn was 33 when his dad died suddenly. He said inherting the house was a hellish process and …
Gary Nunn
3 mins read
Avoid these 4 mistakes and misconceptions when receiving an inheritance, according to financial planners
An inheritance can be life-changing — if you handle it wisely. Here's how you can avoid these 4 com…
Christine Ji
2 mins read
LG Group chairman Koo Kwang-mo sued over inheritance by family
LG Group Chairman Koo Kwang-mo has been sued by his family over inheritance he received more than f…
2 mins read
Bernie Sanders once again wants to raise taxes on rich heirs
Sen. Bernie Sanders and other progressives want people inheriting over $3.5 million to pay at least…