Inheritance Tax

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Inheritance Tax

Payable on death if the value of your estate exceeds a preset figure known as the "threshold". Generally paid from the estate.

Inheritance Tax is paid if a person’s estate (their property, money and possessions) is worth more than the annual threshold.

Usually the ‘executor’ of the will or the ‘administrator’ of the estate pays Inheritance Tax using funds from the estate.

Inheritance Tax is a complex subject and its always recommended to seek professional advice.

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