The Trust Registration Service received a flurry of filings last January, the most recent period for which data is available.
More families are setting up trusts to avoid paying inheritance tax, figures from HMRC suggest.
Families trying to avoid inheritance tax by using trusts face upfront charges if they fail to set them up before the rules ...
An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...
Inherited assets from your loved one, whether in the form of cash, stocks or real estate, can be subject to inheritance taxes, depending on your relationship and inheritance value. While most states ...
The biggest inheritance tax advantages comes from a simple seven-year rule. According to the government, if the person setting up the trust lives for at least seven years after transferring the assets ...