Will my pension be taxed when I die?
From 6 April 2027, most pension money left unused when you die will count towards your estate for inheritance tax. Until now it has usually been kept out. This video explains what’s changing and who has to deal with the bill. We follow Graham, whose £250,000 pension could add up to £100,000 to his estate’s tax bill. For most families nothing will change, and the video says so plainly. It ends with an easy first step: find out what each of your pensions is worth and who you’ve named to receive it.
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