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The little-known way to cut your inheritance tax bill that just one in 50 use

Just a tiny fraction of people are using a gifting rule that could cut their families’ inheritance tax (IHT) bills – but experts think this could increase in the coming years. A Freedom of Information ...
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Teenager decides to attend trade school instead of college, so now his mom wants him to use his inheritance to send his siblings to university

An inheritance is an inheritance, right? And that means that it can’t be altered unless it’s officially changed by an attorney and the parties involved. This young man is feeling some pressure from ...
Investopedia

Step-Up in Basis: Definition and How It Works for Inherited Property

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Investopedia

Retained Earnings in Accounting and What They Can Tell You

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...