You Searched For "Inheritance tax" and got 20 results
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3 mins read
Avoid these 4 mistakes and misconceptions when receiving an inheritance, according to financial planners
An inheritance can be life-changing — if you handle it wisely. Here's how you can avoid these 4 com…
Christine Ji
3 mins read
Passing down an inheritance? Here's how to handle these 4 complicated assets — including houses and retirement funds.
Some of the most common assets in an inheritance plan come with legal and tax complications. Here a…
Christine Ji
4 mins read
My wife and I inherited $250,000 and bought a camper to travel the country. I have no regrets about how we spent the money.
When his mother-in-law died, Chris Mott and his wife received $250,000. They used the money to comp…
Chris Mott
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
4 mins read
Inheritance can destroy a family or be a life-changing gift. Here's how I advise my clients as an estate-planning attorney.
Dana Blue says she's seen clients experience "sudden wealth syndrome," where, after coming into mon…
Jen Glantz
3 mins read
How rich Americans can save on taxes by giving stock and real estate to their parents
The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…
Hayley Cuccinello
1 min read
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
2 mins read
Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept
The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…
PTI
1 min read
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth…
5 mins read
Millennials inherited a dusty old apartment in Italy. They renovated it — only to be told they should have left it alone.
A young couple was told they "destroyed" their Rome apartment because they decided to modernize it …
Maria Noyen
2 mins read
Now we know Prince William's eye-popping salary and the millions Prince Harry will inherit on his 40th birthday
Prince William inherited the Duchy of Cornwall after King Charles ascended the throne. It made him …
Samantha Grindell
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
4 mins read
New govt to inherit strong economy, focus on making India developed nation by 2047
India's world record beating economic growth rate together with robust tax revenues, a fast expandi…
PTI
2 mins read
Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
Author Chuck Collins says vast fortunes are a red flag and explains why Warren Buffett's post-death…
Theron Mohamed
3 mins read
A boomer helped pay for his daughter's college and her husband's student debt. He won't start gifting their inheritance until they curb their spending.
A boomer told BI he has helped his daughter and her husband pay for college and a home. He'd like t…
Kelsey Vlamis
2 mins read
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates told the Independent he'd pay "tens of billions" more if he designed the US tax system, …
Joshua Nelken-Zitser
2 mins read
Late Samsung chairman's family sell $2 billion worth of shares to help pay huge South Korean inheritance tax
South Korea has a top inheritance tax rate of 50%, the world's second highest after Japan.
Polly Thompson
4 mins read
A boomer dad who's 6 months away from retirement has already started gifting his Gen X and millennial kids their inheritance
A 68-year-old boomer says he's passing his wealth down to his adult kids now when they need it most…
Kelsey Vlamis
2 mins read
An heiress asked a group of strangers how to give away her $27 million inheritance. They've now told her what to do.
Marlene Engelhorn, an Austrian heiress, asked 50 strangers to help give away her $27 million inheri…
Joshua Zitser
4 mins read
I inherited $15,000 and had fun with it. Then I inherited six figures a few years later and was more strategic — here's what I learned.
Gina Knox inherited the $15,000 left in her college fund when she graduated. Six years later, she …