Article preview: In our experience, clients typically take one of two views when it comes to inheritance tax. One group view inheritance tax as inherently wrong and will take any necessary steps to ensure their family pays not a penny more than necessary. Another group takes the view that their children are set to inherit more than they ever did, even after the inheritance tax bill is paid, so they are prepared to take the death charge on the chin. Whether you fall into one of these two groups or take a view somewhere in the middle, you’re unlikely to feel particularly happy about recent increases to probate charges.
Apathy towards inheritance tax
This 649-word blog post looks at apathy towards inheritance tax, based on new research carried out by Saga which found 40% of under 50s have no plans to write a will. Includes a comment from Jeff Bromage, Managing Director at Saga Personal Finance. Written on 29th March 2019.
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