A short video produced by the Law Wizard, introducing the principles of inheritance tax in England & Wales.
Inheritance tax is a tax on the value of your “estate” at the date of your death. Completing the appropriate inheritance tax form and paying inheritance tax (if due) are important parts of the probate process.
There is no audio commentary (your speakers can be turned off).
At time of publication, the inheritance tax threshold referred to in the video is £325,000.
A good source of information about inheritance tax is HM Revenue & Customs.
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