With inheritance tax receipts set to deliver another record-breaking payday for the Treasury, it’s a tax that fills miles of column inches, but only actually affects 1 in 20 of estates. So with more people concerned about the tax than ever have to pay it, we delve into some of the myths, facts and misunderstandings around IHT.
We talk about the rules around gifting while you’re still alive, life insurance, the importance of wills, and how inheritance will be divided in the absence of one.
This podcast isn’t personal advice. If you’re unsure what’s right for you, seek financial advice. Pension and tax rules can change, and benefits depend on personal circumstances. Investments can fall as well as rise in value, so you could get back less than you invest.
","author_name":"Hargreaves Lansdown"}