Dear Eric: My husband and I have been married 31 years. We each have two children of our own. They are all grown. His boys have different mothers; I raised one and helped with the younger one. As soon ...
A mother told her three grown kids they’d only get her inheritance if they followed three basic rules. Instead of stepping up, they laughed in her face. Now she’s questioning if cutting them off makes ...
Question: “We are 74 years old and retired. We have an income of $3,400 a month and we still owe $250,000 on our home with a mortgage rate of 2.5%. We have no credit card debt or car payments and we ...
Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...
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 ...
Make sure to have all the layers. It's a cloudy and cold start to the day. Temperatures this Friday afternoon are expected to be near freezing across the Mid-South. Precipitation chance: 10%. Winds: ...
Inheritance tax implications As a grandparent, you can use trusts to remove assets from your estate, and therefore outside the scope of inheritance tax. When you put money into a bare trust, it counts ...
Yet another domino has fallen in former prime minister Justin Trudeau’s failed climate strategy. Quietly, just before Christmas, the federal government announced what will effectively be the end of ...
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