What about Inheritance Tax?

05/02/2019

At the moment, if you leave a gift to Reverse Rett in your Will it will not be included when valuing your estate for Inheritance Tax purposes. The value of your gift will be deducted from your estate before Inheritance Tax is applied.

This means that the amount of Inheritance Tax applied will be reduced.

However, Inheritance Tax rules can change so it’s always best to discuss your Will and the type of gift you might like to leave with your solicitor.

Category: Gifts in Wills: FAQ