Property Inheritance Tax – Can You Avoid the Burden?

When suffering the loss of a family member or when they become too unwell to take care of themselves, the last thing you need on top of the grief and stress is property IHT. This tax was originally designed to only affect the more wealthy property owners, however with property prices sky rocketing this tax is now affecting the less fortunate as well. There are places online where such matters can be discussed for example a property investment forum such as www.singingpig.co.uk. However your best defence is to have an IHT tax strategy in place, especially when house price in the South East, which can be sold for around £400,000, and property IHT can be charged at 40% on estates worth more than £285,000.

How it affects your family

First thing you sh View the rest of this article