Can you reclaim IHT after stock market falls?

Inheritance Tax. Card and keys with key chain in shape of house

Most of us are aware that IHT is levied based upon the value of the estate at the date of death. Further, IHT needs to be paid before probate is granted and investments can be sold. Bearing in mind the current market volatility, those investments could be worth a lot less now. Paying tax on…

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THE INEVITABILITY OF DEATH AND TAXES

The inevitability of death and tezex - Rutherford Hughes - Newcastle

Unfortunately, death is inevitable, so I thought it appropriate to just remind everyone of when IHT kicks in. This is not meant to be an exhaustive explanation as there is not enough space for that. Everyone has a Nil Rate Band (NRB) of £325,000 and a spouse or civil partner can inherit this. In addition,…

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