Reducing a double IHT hit

This post looks at what happens  if a person who inherits then dies soon afterwards, and two alternatives for planning to avoid or reduce a double inheritance tax (IHT) hit.

Leaving 10% to charity in your will

Gifts to charities have always been exempt  from any inheritance tax (IHT), but this measure reduces the IHT rate paid on the rest of your estate in addition. If you leave 10% or more of your “net estate” to charity in your will, the IHT rate on your estate will be reduced by 10%, from […]