Four in five over-45s say IHT is too complicated

Pedro Gonçalves
clock • 2 min read

The number of over-45s seeking professional estate planning advice has soared in the last year as confusion over inheritance tax (IHT) rules continues, according to Canada Life's 2019 IHT Monitor.  Four in five (80%) over-45s believe the current IHT rules are too complicated, up slightly from 77% last year.  At the same time, more than two fifths (42%) say they have sought professional estate planning advice - a sharp increase from the 32% of over-45s who said the same in 2018.  In January 2018, the Chancellor ordered a wide-ranging review of the inheritance tax system by the Office o...

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