Death benefits & inheritance tax

Case studies

• How inheritance might apply to a pensions transfer
• Pension death benefits in trust

Pension death benefits overview

• Beneficiary drawdown
• Consumer Duty and death benefits
• Death benefits
• Death benefits: Direction
• Death benefits: Discretion and how to nominate a beneficiary
• Nominee and successor flexi-access drawdown

Frequently asked questions

Here we look at some of the questions we are asked most often.

• Death benefits

Inheritance tax overview

In this article we look at the differences between individual savings accounts and pensions when it comes to inheritance tax.

• Inheritance tax - pensions v individual savings account

We look at the changes announced in the Autumn Budget 2024 around inheritance tax business relief. 

• Inheritance tax business relief

In these case studies we look at inheritance tax on transfers.

• How inheritance tax might apply to a pension transfer (deceased estate taxed in England)

Gifts made to anyone from your client’s estate are exempt from inheritance tax provided they survive for a period of 7 years from the date the gift is made. Here we explain how this works.

• What is a gift inter vivos policy and when should it be used?

The Finance Act 2013 introduced a change which limits the deductibility of debts in certain circumstances. Here we explain the changes.

• Deductibility of debts for Inheritance Tax

The House of Commons has produced a briefing paper on inheriting both state and private pension rights.

• House of Commons briefing paper - Inheriting pension rights

Calculate any potential inheritance tax liability based on an individual's assets and liabilities using our calculator.

• Inheritance tax calculator

Trusts overview

A spousal bypass trust can be used to stop death benefits falling into the surviving spouse’s estate. Here we explain how this type of trust works.

• What is a spousal bypass trust?