Inheritance tax, a concise guide

With ever-increasing property prices, more and more people’s assets are
now worth more than the inheritance tax threshold of £285,000,
which has never been increased in proportion to the recent property
boom. With a rate of 40% inheritance tax on any assets above the
£285,000 threshold in the estate, this can really put a dent in
what your heirs receive from your estate.

Inheritance tax is levied upon a person’s death. Once all of their
assets have been totaled up, anything over the threshold will have to
be paid by the executors of their will.

It’s becoming increasingly difficult to avoid inheritance tax, but
there are some strategies that you can put in place to help minimize
its impact. Inheritance tax is an extreme View the rest of this article