Over 50s 'Underprepared' For Major Inheritance Tax Changes
Summary by Family Business United
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Over 50s 'Underprepared' For Major Inheritance Tax Changes
A national survey commissioned by UK law firm Brodies LLP has revealed that UK residents aged 50 and over are underprepared for the upcoming changes to inheritance tax (IHT), with only 26% fully understanding how the new rules will impact their wealth transfer plans.The representative YouGov survey of 2,001 adults highlights concerning gaps in estate planning and family communication, raising alarms about the risks of inadequate succession strat…
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