In Brief: Minimising the impact of Inheritance Tax on your estate #FridayReads
Friday, 08 October 2021
Your estate’s value is the value of the whole entirety of your assets. An asset is anything of value that is owned, for example; money, property, investments, businesses, possessions, payouts from life assurance not written under an appropriate trust, as well as any gifts made within seven years of your death. IHT is currently applied to estates worth more than £325,000, and will remain at this level until April 2026.
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