We asked a financial planner about the tax implications of inheriting 150 acres of farmland in the Alberta foothills ...
New research from Canada Life1 reveals a widespread lack of awareness about where important family documents and financial ...
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Isabella and Lorenzo are siblings who have faced financial difficulties throughout adulthood. Both are in their 30s — Isabella’s a divorced mom of three, Lorenzo’s a married father of two — and ...
The number of investigations into underpaid Inheritance Tax (IHT) rose from 3,793 to 3,977 over the course of last year*, netting HM Revenue & Customs an ...
In our weekly series, readers can email in with any financial dilemma and enter the Money Moral Maze. Are your friends racking up big drinks tabs and then trying to split the bill equally; is your ...
In an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP Answers initiative puts readers in the driver’s seat: you submit questions and our reporters ...
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Do I have to pay taxes on my inheritance?
(NewsNation) – Americans do not have to pay taxes on their inheritance — in most states. Five states, however, enforce taxes on inheritance: Pennsylvania, New Jersey, Nebraska, Maryland and Kentucky.
Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...
The death of a parent is a difficult time, bringing out strong emotions and highlighting any family conflict. Add to that the distribution of assets, and there’s the strong potential for family strife ...
For some, cash is accumulating through dividend and interest payouts, he says, while others are contributing cash to accounts ...
In our third farmer and grower column, Field of View, Derek Jarman, who is the Worcestershire NFU vice chair, talks about the ...
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