Inheritance tax is a tax on the value of someone’s property, money, and belongings after they pass away before it is given to their heirs or beneficiaries.

When one of us dies, would my husband and I still be able to inherit each other's residence nil-rate bands of £175,000 each for inheritance tax purposes?

An inheritance often is seen as a financial windfall, but there are times when people may want to consider saying thanks, but no thanks. Receiving a sizable gift, if not structured properly, can ...