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Inheritance tax

Angelaeve · 2020-07-04 06:21:51

Bit of a long one, but I hope someone can give me a answer. When my mum dies ( not for a long time yet) we will have to pay inheritance tax on her estate. This can be done with her savings, so the house will be going to my sister. The question is when my sister dies ( hopefully not for about 40 years) do we have to pay…

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getmore4less Posts: 46,882 Forumite

5 July 2020 at 9:31PM

JGB1955 said:

Likewise, in the 'shires', plenty of us with houses worth around £360K but with additional inheritances/shares/assets bringing us to over the £1M. I need to get spending!

The trick with additional inheritance is to move them past you if you are allready with a IHT problem on your assets.

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Inheritance tax

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