Manchester-based Zahid Razzaq, 42, owns property and pensions worth up to £1m and is considering a SSAS or gifting assets to reduce future inheritance tax for his family.
Planned 2027 rules will include unused pension funds in estates for inheritance tax, prompting concerns and early planning among middle-income families like Zahid's.
With the nil-rate band frozen since 2009 and rising asset values, more estates face inheritance tax, leading experts to advise early planning and calls to raise or abolish thresholds.
As pensions face inheritance tax, what is the new blueprint for multi-generational wealth planning?
How can families with estates near £2 million avoid the 'IHT trap' that erases key tax relief?
How will the UK's shift to residency-based IHT affect long-term foreign residents and their worldwide assets?
Your heirs have six months to pay IHT. How can life insurance prevent a forced sale of the family home?
Is lifetime gifting still a safe IHT strategy given the seven-year rule and hidden legal traps?
How will new caps on Business Property Relief impact the succession of family-owned UK businesses?