Inheritance Tax Inheritance Tax on Pensions From April 2027: How UK Men Should Rethink Estate Planning Now That SIPPs Are No Longer a Free Pass to Heirs From April 2027, unused pension funds join the rest of your estate for inheritance tax — the strategy of leaving a SIPP untouched to pass tax-free to your children no longer works.
Estate Planning Estate Planning at 40: The Three Documents Everyone Needs Will. Healthcare proxy. Durable power of attorney. Nothing else is strictly required at 40, and skipping these three is how families end up in court for two years.
inherited IRA Inherited IRAs After SECURE 2.0: The 10-Year Rule Trap Non-spouse heirs must drain inherited IRAs in 10 years. Do it wrong and half goes to taxes in one year. The distribution strategy matters more than the investment choice.
