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.
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