Search Results for 'Inheritance Tax in the United Kingdom'

My partner and I have lived together for the past two years. I own the house where we live. My partner recently told me that he made a will and he is leaving his entire estate to me. He is not particularly wealthy but I understand he has a large life insurance policy. I don’t want to sound ungrateful but if my partner passed away would I be left with a very large inheritance tax bill?

UNMARRIED COUPLES. YOU COULD HAVE A LARGE TAX BILL IF YOUR PARTNER DIES.

Considering retiring and passing on the family business or other assets to your children? Don’t leave them all with a large tax bill to pay.