My father, 97, pays into his granddaughter’s pension – will there be inheritance tax to pay?
My father, 97, pays into his granddaughter’s pension – will there be inheritance tax to pay?
I have power of attorney for my father, who is 97. Luckily, he is still in good health and has a good sum of money behind him. Currently, his estate is just below the £650,000 inheritance tax (IHT) threshold — this includes my mother’s IHT allowance as she died in 2001 and it was unused. He does not…