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.
Revocable living trusts are often the core estate planning vehicle for the basic estate plan. Generally, revocable living trusts are touted as an incredibly versatile estate planning tool, which ...
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 ...