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IHT question
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beavere38
Posts: 104 Forumite
If the deceased had a pension and a life assurance policy both with named beneficiaries which were paid out to those beneficiaries directly and without having to be added into their estate does that mean the value of those policies is not included in the calculation for IHT?
Thanks in advance
Thanks in advance
0
Comments
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Correct - they fall outside the estate.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1
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Yes, but any premiums paid on the life policy within the last 7 years will impact upon the annual exemption.0
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