Topic
inheritance
17 stories related to this topic, newest first.
dnaindia.comfinance20 days ago
Co-owner of Deceased Grandmother's Bank Account Seeks Guidance on Sharing Funds With Siblings
A reader asks whether a mother who was co-owner of her late grandmother's bank account should divide the funds equally with siblings under the terms of the will. The question centers on inheritance rules when joint ownership and will provisions intersect.
MA
financialpost.combusiness32 days ago
French billionaire asks lawmakers to allow disinheritance of children
Pierre-Edouard Sterin told senators he wants to leave his entire estate to charity rather than his five children. Current French law requires three-quarters of assets to pass to offspring under rules dating to the Napoleonic era.
New York Postpolitics33 days ago
Five Charged in $15M Romance Scam Targeting Elderly Americans Using AI-Generated Videos
Federal authorities announced arrests in a scheme that used AI-generated videos and fake inheritances to defraud more than 100 victims. Three suspects are in U.S. custody and two remain in Ghana awaiting extradition.
order-order.compolitics35 days ago
Most Unused Pension Pots to Face Inheritance Tax from April 2027, HMRC Publishes Initial Guidance
HM Revenue and Customs issued a technical note detailing how most unused pension pots and death benefits will be included in estate valuations for inheritance tax purposes starting April 6, 2027.
slate.comfinance40 days ago
Podcast Discusses Inheritance Timing and Family Financial Preparation
Bryan Walley, co-founder and CEO of Forward Inheritance, spoke on the Disruption Interruption podcast about delays in accessing home equity through traditional inheritance. The May 28, 2026, episode addressed documentation gaps and the projected $84 trillion wealth transfer.
Benzingafinance45 days ago
Reddit Thread Discusses Generational Wealth After Parents Left No Inheritance
A Reddit user described a middle-class upbringing with parents who struggled financially and left no assets. Commenters debated whether most Americans can build generational wealth or are focused on day-to-day survival.
forbes.comfinance45 days ago
Forbes Publishes Guide on Post-Death Tax and Estate Tasks
Forbes released a practical guide on May 23, 2026, covering state estate and inheritance taxes, inherited retirement accounts, and handling personal property and records after a death. The article draws on the author's experience and outlines steps to reduce administrative burden…
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forbes.comfinance45 days ago
Forbes Publishes Guide on Post-Death Tax and Administrative Tasks
Forbes senior writer Kelly Phillips Erb released a practical guide on May 23, 2026, covering state estate and inheritance taxes, inherited retirement accounts, and handling personal records after a death. The article draws from the author's experience following her father's death…
Benzingafinance45 days ago
Woman Reports Husband Accumulated $50,000 in New Credit Card Debt
A woman posting on Reddit said she discovered her husband had added roughly $50,000 in credit card balances within months. She had previously used savings and inheritance to pay off about $40,000 of his earlier debt one year before.
Fox Newstechnology46 days ago
Inheritance Scam Email Uses Official Language and 48-Hour Deadline
An email claiming recipients may be entitled to an unclaimed inheritance has appeared in inboxes. The message includes a reference ID and a button labeled 'Check My Unclaimed Inheritance.'
The Sydney Morning Heraldworld49 days ago
Australian Tax Changes to Affect Family Trusts and Property Owners
New tax rules will impose a 30 per cent flat rate on family trust distributions starting in two years. Property owners face capital gains tax on transfers but not on inheritances. Negative gearing deductions will be deferred rather than eliminated.
focustaiwan.twpolitics56 days ago
High Court Dismisses Farmers' Legal Challenge Over Inheritance Tax Consultation
Judges ruled on May 12 2026 that a legal challenge brought by farmers against the government's changes to inheritance tax reliefs lacked merit and was filed too late. The claimants had argued that ministers unlawfully restricted consultation on the reforms, which were first annou…
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investopedia.comworld62 days ago
Sharia-compliant Legal Services Advertised on UK High Streets
GB News reported the presence of services offering marriage contracts, divorce proceedings and inheritance arrangements rooted in Islamic law. Senior legal consultant and human rights lawyer Fadi Farhat called for discussion of Sharia elements within the legal system while stress…
GB Newsworld64 days ago
British Families Increase Pension Withdrawals Ahead of 2027 Inheritance Tax Reforms
Wealthy families in Britain are increasingly withdrawing pension savings to transfer to adult children amid upcoming inheritance tax reforms. Financial advisers note a surge in requests driven by the changes set for April 2027, which will subject unused pensions to inheritance ta…
morningstaronline.co.ukworld64 days ago
Samsung Family Completes Payment of Record 12 Trillion Won Inheritance Tax Bill
The family behind Samsung has finished paying a 12 trillion won inheritance tax, the largest in South Korea's history, tied to the estate of late chairman Lee Kun-hee. The payments were made in six installments over five years by Chairman Lee Jae-yong, Hong Ra-hee, Lee Boo-jin an…
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koreatimes.co.krworld64 days ago
Samsung Family Completes $8 Billion Inheritance Tax Payment in South Korea
The family of Samsung's late chairman has finished paying a 12 trillion won inheritance tax bill over five years. The payment, the largest in South Korea's history, stems from the estate of Lee Kun-hee, who died in 2020. Samsung confirmed the final installment on Sunday.
Substrate placeholder — needs reviewworld85 days ago
JCB Heir Warns of US Shift Over UK Inheritance Tax Reforms
Jo Bamford, heir to the JCB manufacturing empire, stated that the company could relocate its base to the United States due to Labour's inheritance tax changes. He described the policies as a risk to family-owned businesses. The reforms limit full relief on business assets to £2.5…