The largest generational wealth transfer in Canadian history is upon us, with baby boomer parents expected to pass $1 trillion in assets to their gen-X and millennial children by 2026. Yet despite ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Skylar Clarine is a fact-checker and expert in personal finance ...

U-turn lifts limit from £1m to £2.5m after protests and warnings that family farms were at risk Ministers will increase the threshold for taxing inherited farmland from £1m to £2.5m after months of ...

In a massive Christmas U-turn by Sir Keir Starmer, the government has announced a huge climbdown on inheritance tax on farmers. The tax relief on family farms handed down between families is to ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

The Labour government has announced a significant climbdown on its policy of inheritance tax for farmers following a major backlash. The Department for the Environment, Food and Rural Affairs (DEFRA) ...

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 ...

Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. Fewer farmers will start paying inheritance tax from April after UK ministers were forced into a £130mn climbdown by a ...

‘Non-dom’ tax status referred to the rules around tax for UK residents whose permanent home or “domicile” (for tax purposes) was outside the UK. Offshore trusts (or non-resident trusts) are trusts ...

Inherited Roth IRAs bypass probate and go directly to the person listed as the beneficiary. Roth IRA distribution rules differ for spouses vs. non-spouses. Most non-spouse beneficiaries need to ...

Also, the case for another banner year for emerging-market stocks and how six young traders each made a killing Parents who are making estate plans might want to give some of the money to their adult ...