Upcoming Inheritance Tax (IHT) changes are already beginning to influence the charitable Will-writing market, with professional advisers reporting an increase in demand for estate planning advice and predicting that legacy consideration will rise, according to new research from Remember A Charity*. What are the changes? In the Autumn Budget 2024, the Chancellor announced that IHT thresholds would remain frozen until 2030, and that, from April 2027, pension wealth would no longer be exempt from IHT. As such, it’s estimated that the proportion of estates facing an IHT bill will almost double…
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