inheritance

Inheritance tax for families after Treasury refuses extension

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Grieving families will not be given more time to pay inheritance tax bills after the Treasury rejected calls for more time. Thousands more families will be caught out when pensions will be included in the estate for inheritance tax purposes from April 2027. And the tax must be paid to HM Revenue & Customs within … Read more

A man abandons his children, leaves everything to his wife. How to avoid inheritance wars in mixed families

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A man abandons his children, leaves everything to his wife. How to avoid inheritance wars in mixed families

It’s a question that many remarried couples face: If one spouse dies, what happens to the inheritance if there are children from the first marriage? Consider Tammy, age 55, and her husband Bill, age 60. Both are healthy, but Tammy’s sister recently died and Bill’s father is in foster care, so estate planning is important … Read more