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 ...

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 ...

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) ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

‘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 ...