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jjeffery worboys
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Comments by "jjeffery worboys" (@jjefferyworboys8138) on "IHT Pushback as Reeves Plans to Take More!" video.
It's difficult to spend your home and that's an asset that difficult to hide but an onside valuer does help !
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IHT was never intended to effect ordinary people. It currently raises @ £7 billion a year but increasing year on year. A small tweaking of income tax would cover the loss of income and provide people with an incentive to leave as much as they could to their children.
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It also unfairly targets those who live in London and the South East where property prices are much higher. A person inheriting a nice house in the North may be able to keep it, whilst someone in the South will probably have to sell it to pay the IHT.
2
Me too. If you are ever in the position of having to apply for Probate, doing it yourself has significant advantages over using a professional. Unlike a solicitor you aren't bound by codes of conduct and in your grief you can be a little forgetful !
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Then you will never have to worry about it.
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As my dear late mother used to say "you can't die to order" which is where your suggestion falls on stony ground.
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