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Estate planning is becoming more of a priority for financial advisers, accountants and solicitors. The government’s IHT receipts reached a staggering £5.2bn in 2017/18 – and have increased year on year since 2009/10. This area is becoming a concern, even for people who never envisaged having an IHT liability. House prices, especially in London and the South East, have risen exponentially over the past two decades. According to Zoopla, there are nearly 770,000 UK residential properties worth £1m or more. Even with the introduction of the residence nil rate band (RNRB) in April 2017, a significant number of estates will still… continue reading