The dollars covered them but betrayed their children and removed them from the will: "Inheriting is unpleasant"
The article discusses how some wealthy individuals, particularly in Hollywood, have made drastic decisions regarding their wills, often betraying their children in favor of other beneficiaries.
Reform of Inheritance Tax: How You Can Still Save Taxes When Inheriting
A proposed reform in German inheritance tax laws could affect how much wealth can be transferred tax-free, and experts suggest that individuals should act quickly to secure their assets under current regulations.
Reform of Inheritance Tax: "Currently, millions of assets can be transferred tax-free"
A proposed reform of Germany's inheritance tax could lead to lower allowances for gifting and inheritance, prompting urgent action for asset distribution.
‘It feels like a worse version of Lotto’: Guardian Australia readers on the great intergenerational wealth transfer
Guardian Australia readers reflect on the implications and personal experiences surrounding the massive intergenerational wealth transfer anticipated over the next two decades.
No inheritance, no home: the unjust wealth transfer – podcast
In a podcast episode, experts discuss the implications of the significant intergenerational wealth transfer expected in Australia, where rising house prices force many to rely on inheritances to secure home ownership.
A large fortune can be left to descendants completely tax-free – many have not yet realized these benefits of the tax reform
The recent changes to inheritance tax in Finland may allow individuals to pass on their wealth to heirs without tax implications, though many are still unaware of these benefits.
Death tax? Property tax? Four ideas that could offset inheritance inequality in Australia
The article discusses potential tax reforms in Australia aimed at addressing the looming inequality from an upcoming $5.4 trillion intergenerational wealth transfer.
Australians sent back to Syrian camps, the messy rise in inheritance fights, T20 World Cup woe
A group of 34 Australian women and children detained in Syria were denied repatriation, while inheritance disputes among families grow amid discussions of wealth transfer, and Australia's cricket team faces challenges in the T20 World Cup.
‘It matters if you have a parent with an expensive house’: how Australia’s great wealth transfer threatens faith in the fair go
The article discusses how a looming wealth transfer in Australia exacerbates inequalities and undermines the principle of a fair society, especially highlighted through cultural references.
Inheritanceocracy: why current generations depend more on their parents' wealth for financial success
A new book highlights how younger generations are increasingly reliant on parental wealth to achieve home ownership, with implications for workplace dynamics and economic structures.
Mum 'cut love cheat married son from £5m inheritance' as he battles sister in court
A mother disinherited her son from a £5 million estate due to accusations of infidelity, while he challenges the will in court against his sister.
'Heran�ocracia': Why Current Generations Depend More on Their Parents' Wealth for Financial Success
Current generations under 45 are increasingly reliant on parental wealth for home purchases rather than their own income, as discussed in Eliza Filby's book 'Heran�ocracia'.
Inheritance Planning: How Germans Think Differently About Inheriting and Bequeathing
A recent survey reveals that the higher the wealth, the more significant inheritance becomes for many Germans, with many contemplating disinheritance despite potential conflicts.
'Entering the metropolitan area is essential for income improvement'... a vicious cycle strengthening the inheritance of wealth
A study reveals worsening 'inheritance of poverty' among low-income youth outside the metropolitan area in South Korea, highlighting the stronger impact of parental assets over income.
She was the last to speak to Epstein. Karina, with a Slovak passport, has been bequeathed a fabulous fortune
The article discusses a woman named Karina, who reportedly was the last person to speak with Jeffrey Epstein before his death, and the inheritance she has received, which is said to be substantial.
The Judicial Struggle for the Inheritance of the Duchess of Medinaceli Continues
The Spanish court has ruled in favor of the Foundation managing the Duchess of Medinaceli's legacy, ensuring her wealth remains intact and not fragmented to pay her heirs 40.5 million euros.
What is Epstein's wealth and who are the prominent heirs?
The financial and legal complexities of Jeffrey Epstein's estate involve claims from numerous victims and highlight the sources of his wealth, which was estimated at $600 million at the time of his death.
National Tax Service Chief: 'Not 2,400, but 139 millionaires immigrated… Korea Chamber of Commerce & Industry distorts information'
The head of South Korea's National Tax Service corrected claims made by the Korea Chamber of Commerce that 2,400 millionaires left Korea due to inheritance tax, stating the actual number is 139.
Only 1 in 4 Adults Think Social Mobility is Active: Wealth Inheritance Limits Mobility
A recent study reveals that only 25.4% of South Korean adults believe that social mobility is active, citing parents' wealth and social background as significant barriers.
Schemes, Lies, and Influential Friends: How Epstein Came Into His Millions
The article explores the transformation of Jeffrey Epstein from a regular math teacher to a person entrusted with finances by several influential American billionaires, highlighting the schemes, lies, and oddities surrounding his life leading to a $577 million inheritance.
Reform of Inheritance Tax: It's about being fairer - and smarter
The article discusses the need for reforming inheritance tax in Germany to ensure greater fairness and concentration of power in the hands of the wealthy.
Families using simple seven-year rule after inheritance tax freeze
With inheritance tax thresholds frozen and rising house prices, families are increasingly turning to a legal strategy to preserve wealth by establishing trusts to mitigate tax liabilities.
Tell us: are you expecting to give or receive an inheritance? Or give or get nothing?
Australia is set to experience a $5.4 trillion wealth transfer over the next 20 years, which may amplify existing wealth disparities and deepen poverty among certain demographics, according to former Treasury secretary Ken Henry.
His fortune is hundreds of millions.. These are Epstein's heirs
The article discusses how Jeffrey Epstein's estate, valued at hundreds of millions, faces complexity in distribution due to his criminal background and the circumstances surrounding his death, including a significant bequest to a friend ahead of his suicide.
Reform of Inheritance Tax: Rich People Can Calculate Themselves as Poor
The Federal Constitutional Court is set to rule in 2026 on the constitutionality of the current inheritance tax laws, as concerns arise regarding the exemption needs assessment rule which allows wealthy individuals to appear less wealthy for tax purposes.
The executor of the great Catalan patron denies the judge that he stopped distributing the hidden inheritance in Panama
The executor, lawyer Jorge S., denied in court that he halted the distribution of the inheritance of Catalan patron Pere Mir, claiming he will return loans he took from Panamanian foundations holding Mir's hidden wealth.
The SPD can no longer even elicit pity
The article discusses German Social Democrats' (SPD) proposals on inheritance tax, suggesting they maintain resentment against the wealthy out of envy and refuse to acknowledge the necessity of entrepreneurs.
SPD wants new inheritance tax: simpler, fairer, later
The Social Democrats aim to impose taxes on the super-rich while providing benefits to nearly everyone else through their new inheritance tax proposal.
Inheritance Tax: The SPD Addresses the Wealth Question
The SPD is proposing reforms to inheritance tax, particularly increasing payments from heirs of businesses, which has drawn criticism from economic associations.
The Prime Location, the Inheritance, and the Discreet Charm of the Gelsenkirchen Safe
The article discusses the trend of using safety deposit boxes in Gelsenkirchen as a strategy to manage wealth and avoid higher inheritance taxes in Berlin under Chancellor Klingbeil.
SPD plans higher taxes on 'extreme inheritances and wealth'
The SPD is proposing reforms to inheritance tax aiming to increase taxes on very large inheritances while protecting business assets in light of a recent Constitutional Court ruling.
"Taxing extreme inheritances and wealth more fairly" - SPD plans to present reform proposal
The SPD aims to introduce a reform proposal to tax extremely high inheritances more fairly, balancing this with protections for business assets following a ruling by the Federal Constitutional Court.