The freezing of many tax thresholds and allowances has increased the importance of family tax planning.
Most over 55s have no idea whether there might be inheritance tax (IHT) to pay on their estate — or what the liability might be. With change on its way, understanding IHT may be more important now than ever.
Like all legal documents, your will must meet certain requirements.
If you’re considering making gifts, make sure all your inheritance tax (IHT) liabilities are covered.