What is inheritance tax?

My father left 100,000 uk pounds to me in his will - it was not paid out - my mother took a mortgage from me on her house for 100,000 pounds at 4%, Apparently the point of all this was to reduce liability to UK inheritance tax when my mother died. She...

I am referring to just money in the form of shares, or what I believe is called Movable property? And is the tax one has to pay the same in Scotland and Wales, as it is in England? Is it true one can give part of the Tax to Charities?

If I receive a substantial amount of money as inheritance, will I have to pay any tax from it? If, so .How much?

Hi :) I read in the newspaper that now David Cameron is Prime Minister, he's not going to cut Inheritance Tax, because the Liberal Democrats said he can't if he want them to get together. What's Inheritance Tax though? Thanks

I wish to make a gift to my parents who have an estate that would be liable for inheritance tax when they die, Is it possible to make the gift a loan and therefore the gift would not be part of the estate for inheritance tax purposes? I assume there...

Someone I know who lives in the U.S. will be receiving money as part of an inheritance, following the death of a family member who was living in Ireland. The law firm in Ireland told him that the payment of Inheritance Tax had been deferred by the revenue...

I just inherited some money from my grandmother. I am, however, not sure of the US federal government's inheritance tax policies. I have tried the IRS website to no avail (big surprise there, eh?). Anyone know at what amount the tax kicks in and at what...

I am a dual citizen and live in Canada. My grandmother is leaving me some money, in US dollars, and I am worried about getting taxed up the yin yang by the Canadian government. Anyone know how it works? Do they take a percentage? Does being a dual citizen...

What are the Inheritance tax for spouces for 2011? I know it is 0% for 2010. If my husband dies, and his name is the only name on the mortgage and deed of the house, do I (wife, 100% beneficiary) have to pay taxes in order to keep our house with new...