You Searched For "inheritance tax" and got 20 results
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2 mins read
Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept
The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…
PTI
2 mins read
Now we know Prince William's eye-popping salary and the millions Prince Harry will inherit on his 40th birthday
Prince William inherited the Duchy of Cornwall after King Charles ascended the throne. It made him …
Samantha Grindell
5 mins read
Millennials inherited a dusty old apartment in Italy. They renovated it — only to be told they should have left it alone.
A young couple was told they "destroyed" their Rome apartment because they decided to modernize it …
Maria Noyen
2 mins read
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates told the Independent he'd pay "tens of billions" more if he designed the US tax system, …
Joshua Nelken-Zitser
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
3 mins read
A boomer helped pay for his daughter's college and her husband's student debt. He won't start gifting their inheritance until they curb their spending.
A boomer told BI he has helped his daughter and her husband pay for college and a home. He'd like t…
Kelsey Vlamis
4 mins read
New govt to inherit strong economy, focus on making India developed nation by 2047
India's world record beating economic growth rate together with robust tax revenues, a fast expandi…
PTI
1 min read
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth…
4 mins read
A boomer dad who's 6 months away from retirement has already started gifting his Gen X and millennial kids their inheritance
A 68-year-old boomer says he's passing his wealth down to his adult kids now when they need it most…
Kelsey Vlamis
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
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
4 mins read
I inherited $15,000 and had fun with it. Then I inherited six figures a few years later and was more strategic — here's what I learned.
Gina Knox inherited the $15,000 left in her college fund when she graduated. Six years later, she …
Jen Glantz
6 mins read
10 ways wealthy Americans save big on taxes, from putting mansions in trusts to guaranteeing inheritance for future generations
What might seem to be far-fetched tax mitigation tactics are perfectly legal, lawyers and bankers t…
Hayley Cuccinello
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
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
4 mins read
How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …
Hayley Cuccinello
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
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
GOP Senate candidate David McCormick has up to $2.2 million in a 'dynasty trust' that allows him to evade wealth taxes potentially forever
"Dynasty trusts" allow their holders to avoid estate taxes for an extremely long time: 800 years in…
Bryan Metzger
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…