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Inheritance Tax: The Basics

2020-03-26T10:20:47+00:00February 25th, 2014|

This article first appeared in Law Plain & Simple on 24 February 2014 What is inheritance tax? Inheritance tax (IHT) is a tax paid on your death based on the value of what you own at the date of your death. Everything that you own is collectively called your ‘estate’. This includes your house, [...]