TAX
When you die, your estate is valued and tax is payable on anything above the inheritance tax threshold. ‘Estate’ includes things such as cash, home, savings, payouts from some life assurance policies, cars and even works of art.
When you die, your estate is valued and tax is payable on anything above the inheritance tax threshold. ‘Estate’ includes things such as cash, home, savings, payouts from some life assurance policies, cars and even works of art.
