Bereavement and Tax

Bereavement and Tax – it’s changing again. There can be a mountain of paperwork to deal with after a bereavement, and everyday matters like dealing with banks, council departments and utility companies can become overwhelming. One area that needs attention after most bereavements is tax.

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Inheritance tax

Inheritance Tax is charged on your estate at date of death. Ouch. You are liable for all your property in the UK and elsewhere. If you are not living in the UK then the tax only applies to property you own in the UK. Make sure you know what to expect and what your options are.

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