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Inheritance tax
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Only by giving away £350k and keep breathing for the next 7 years, which may also require her to downsize to free up enough cash.0
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Does your calculation assume she'll have available to her estate any NRB left over from her husband's estate, i.e. 2 x £325k? As he died in 1985 before IHT was introduced, the poster will need to check whether there is any NRB available.Keep_pedalling said:Only by giving away £350k and keep breathing for the next 7 years, which may also require her to downsize to free up enough cash.0
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