An inheritance can feel like both a blessing and a challenge. While it may provide new opportunities for financial security, it also brings complex choices about taxes, investments, and long-term ...

Many people who receive an inheritance don't spend it wisely, according to financial planners. It's important to come up with a detailed financial plan when you receive an inheritance. Here are the ...

A sensible target is 10 to 20 per cent for lifestyle, and the rest becomes your ‘freedom capital’ that you put to work to replace your work salary with investing income. Decide at the start before you ...

When a spouse passes away, the financial implications can be overwhelming, especially for those unfamiliar with estate planning or tax rules. Spousal inheritance planning is a critical topic to ...

When it comes to financial planning, many people assume that once they’ve named beneficiaries on their accounts, they’re set for life. But if life changes, it may be time to ...

If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...

When you receive a cash injection, the smart move is to take a breath and plan before you rush into major decisions or purchases. You don’t want your money sitting there doing nothing, but parking ...