01 October 2015
An introduction to estate planning for married couples
UK inheritance tax (IHT) carries a headline rate of 40 per cent and can be a heavy burden on a family following a death. But if you’re married or in a registered civil partnership with a same-sex partner, you can ensure that your family don’t pay more tax than necessary.
This note assumes a standard textbook situation and gives a basic sketch of how some routine steps can save the family money.