Inheritance tax is somewhat unfair, as the values of estates can rise over time, regardless of the financial status of your descendants. As an example, a house bought in East London for £150,000 fifteen years ago will be worth significantly more in the present, which is both good news and a financial conundrum for your successors, as for an estate that’s worth £1.5 million, the inheritance tax they’ll need to pay will exceed their current financial possibilities. So, they will probably be forced to sell the property only to pay off their financial obligations.
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