Iht100d Form

Instructions and help about Iht100d

we have to get to the basics of inheritance tax it is a tax on death on the assets you own so one way and I say this to clients in a joking way if you want to avoid inheritance tax diet poor you know just spend it all the thing that and the reason this is such a political Hot Potato I I think is that although not many people pay inheritance tax it's about four percent of all Estates it is as Kate says an aspirational tax we all want to leave something to our children for those that have children it's a natural human thing to do and to be told does I have to tell my clients oh by the way the state's going to take 40 of what you leave to your children they they just hate the idea of that and and I think that the human angle on this is that bereavement you know is emotionally very tough for people as you can imagine and then to be told by the lawyer that's dealing with the probate oh by the way the state is also going to take 40 of the home that your parents have lived in and you were bro