Inheritance tax is something you don’t often have to grapple with until a death in the family. But grasping the basics can be financially savvy, especially as the autumn budget is expected to bring about some changes.
“Inheritance tax is one of those areas that is always under the spotlight, and it seems to be a popular point of discussion at the moment,” says Reme Holland, financial planning partner at accountancy firm Albert Goodman. “We’ll see what happens in October, November time, but I would always say, don’t make any rash decisions. Seek advice first before you do anything.”
