Farms worth more than about $1.3 million will face an estate tax from 2026, ending a previous exemption and prompting anger in some rural communities.
Tag: Inheritance and Estate Taxes
Group of Austrians Picks 77 Charities to Receive Heiress’s Fortune
Marlene Engelhorn, a descendant of the founder of one of the world’s largest chemical companies, decided to give away most of her inheritance.
She’s Inheriting Millions. She Wants Her Wealth Taxed Away.
Marlene Engelhorn, 30, heir to a fortune, isn’t interested in philanthropy, believing it only perpetuates existing power dynamics. She’s calling for structural change to how the ultrarich are taxed.
Who Will Pay for Queen Elizabeth’s Funeral
The state will cover the huge price tag at a time when many in Britain are struggling to pay their bills and are bracing for a difficult winter.
Abused Woman Who Killed Husband Is Granted the Family’s U.K. Estate
Sally Challen’s landmark case has put a spotlight on the fight against domestic abuse in Britain.