US Edition6 in 10 Professional Advisers Think Inheritance Tax Changes Will Prompt Growth in Charitable Legacies
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The tax on inheritance, officially known as the Tax on the Free Transmission of Goods, is a tax that applies only in the province of Buenos Aires. However, this additional burden generates doubts and different interpretations among persons who could receive a property free of charge. Specifically, article 91 of Law 14,044 details that "any increase in wealth obtained free of charge as a result of a transfer or act of that nature, which understan…
6 in 10 professional advisers think Inheritance Tax changes will prompt growth in charitable legacies
Upcoming Inheritance Tax (IHT) changes are already beginning to influence the charitable Will-writing market, with professional advisers reporting an increase in demand for estate planning advice and predicting that legacy consideration will rise, according to new research from Remember A Charity*. What are the changes? In the Autumn Budget 2024, the Chancellor announced that IHT thresholds would remain frozen until 2030, and that, from April 2…
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