Samsung heirs hit with whopping $11bn inheritance tax bill
One of the largest IHT payments on record, globally
Inheritance
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Inheritance ‘a key financial pillar’ for most Brits
But only 14% are aware of the rules on IHT liabilities
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How ‘international’ Wills can be a useful tool for clients
Disputes can turn ugly if wishes are unclear, as evidenced by one particularly grisly showdown in Taipei
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Spain to increase income and wealth tax
‘This will push UHNW retirees and investors to look at other more favourable jurisdictions’
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Major overhaul of UAE inheritance and divorce laws unveiled
Changes aimed at making region ‘more attractive’ to foreign direct investment and expats
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How to plan wealth transfers in uncertain times
Different legal systems around the world will impose own rules on how estate can be distributed on death
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Five million wealthy Brits will not receive inheritance
As only 40% of HNWs have plans in place to minimise the tax paid by beneficiaries
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Wealth manager unveils financial advice consultation service
Offering will cover retirement, inheritance and investment planning
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Brits turn to inheritance to fund retirement
Figures show a ‘looming later life funding crisis on the horizon’
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Brits to inherit 60% more than expected
But lack of family conversations could mean many lose out ‘unnecessarily’ to IHT bills
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UK High Court inheritance disputes hit all-time high
Hasty action taken during covornavirus outbreak could spell trouble down the road
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Downsizing property doesn’t mean short-changing heirs
Careful planning means expats can unlock retirement funds from their homes and still leave a legacy