What is inheritance tax? Who pays it and what rates apply?

Informing us of a death is the first step to making sure the deceased's banking and insurance affairs are taken care of properly and smoothly.

We’re here to provide practical help on the things you need to do. Read the full text and/or use our handy checklist.

The law stipulates who your heirs are. However, you do have a certain freedom to regulate your succession with the use of a will.