Tag: cohabiting
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Inheritance tax: Will rules explained for cohabiting couples, divorced & blended families | Personal Finance | Finance
[ad_1] Inheritance tax is usually levied on the estate of someone who has died and is passing on their assets, so long as their estate is valued over £325,000. Where IHT is due, it is charged at 40 percent on the parts of the estate valued over the £325,000 threshold. To help manage inheritance planning,…