Families trying to avoid inheritance tax by using trusts face upfront charges if they fail to set them up before the rules ...
The Trust Registration Service received a flurry of filings last January, the most recent period for which data is available.
The biggest inheritance tax advantages comes from a simple seven-year rule. According to the government, if the person ...
A living trust allows you to avoid the probate process. Unlike a will, the public record doesn't include information about a living trust. Living trusts can be changed or revoked entirely while you're ...
More families are setting up trusts to avoid paying inheritance tax, figures from HMRC suggest.
A growing numbers of families are being pulled into the inheritance tax net as thresholds remain frozen at £325,000.
When someone passes away, and leaves their belongings to others, an inheritance tax may apply. In a nutshell, inheritance tax is typically paid by the heirs or beneficiaries who receive the assets, as ...