Stellantis and Ferrari Chairman John Elkann and his siblings Lapo and Ginevra have settled a tax dispute in Italy over the ...

Your children are too young to legally own real estate in their own names, so some kind of guardian or trustee would need to ...

Life insurance policies are held in trust and can be an effective way of settling the IHT bill of an estate. Both types of policy pay out in the event of death, ensuring heirs are not forced to sell ...

That means two things. First, you could legitimately move half the money into another account for your son, preferably with ...

A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can ...

"Say your inheritance suddenly doubles your retirement savings," Harder said. "You no longer need to maintain the same risk profile. In fact, you may decide to take a more aggressive approach, either ...

When you inherit a property, the decision to keep, rent, or sell can feel overwhelming, especially when emotions are involved ...

A woman seeks advice after her mother requests her inheritance to help with a mortgage, exposing years of financial strain ...

The heirs of late Samsung chair Lee Kun-hee have sold a luxury villa in Seoul ’s Itaewon district for 22.8 billion won (£13m) ...

(NewsNation) – Americans do not have to pay taxes on their inheritance — in most states. Five states, however, enforce taxes ...

A young woman asks for advice after receiving a large inheritance. Keep reading to learn about the advice offered.

Dear Quentin, I recently lost both my parents and inherited $240,000. Due to life choices (divorce) and living paycheck to ...