UK households wanting to give money to their children told ‘watch out for April change’

UK households wanting to give money to their children told ‘watch out for April change’

Experts have weighed in on a change that is around the corner as regards inheritance.Brits who want to provide some money for their children or grandchildren have been told to watch out for a major change in April. Families are urged to consider the timing of wealth transfers, as, from April 6, most unused pension funds and pension death benefits will be brought within a deceased person’s estate for Inheritance Tax (IHT) purposes.

📰 Original Source Attribution

Reported by express.co.uk.

Read Original Report at express.co.uk ↗
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