The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

The effect has more than outweighed the growth in inequality in much of the rich world, and almost kept pace with it even in America. Today’s taxman, it turns out, is less like the Sheriff of ...

Nine states don't have any income tax, whether on paychecks, 401 (k)s, IRAs, or pensions. Four more states have a state income tax but exempt retirement income. Tax laws are always changing, so stay ...

Money expert Martin Lewis has explained how people who are getting married again can lose hundreds of thousands of pounds to ...

Labour announced last year it was planning to cancel elections in 30 areas - affecting more than 4.5 million people - to overhaul English council structures. But in February, the Ministry of Housing, ...

Sarah Nettleship, Senior Associate, Wills, Estate & Tax Planning at Thomson Snell & Passmore, explains how the new £2.5m cap on 100 per cent Business Relief from April 2026 ...

Anger is growing about student loans. And not just among those repaying them. But what should you do when faced with a child ...

New advisory outlines considerations for inherited traditional IRAs and 401(k)s under current distribution rules ...

Unused pension savings will be dragged into IHT from 6 April 2027, affecting thousands of families. The changes, which were ...

Receiving an inheritance while grieving can be overwhelming. Experts share common financial mistakes to avoid so you can ...

Money expert Martin Lewis has given a cast iron rule that will allow people to avoid all inheritance tax legally. The Money Saving Expert founder returned to the latest episode of The Martin Lewis ...

Inheriting an IRA from a parent comes with a unique set of rules. Understanding them can help you make the most of the money ...