What happens to the inheritance tax allowance of couples when one spouse dies? Is it cut in half?

What happens to the inheritance tax allowance of couples when one spouse dies? Is it cut in half?

What happens to the inheritance tax allowance of couples when one spouse dies? Is it cut in half?

I read in USNewsRank that the amount that couples can pass on tax free is double that of individuals. But what if one spouse has died? Would their children still be able to claim this when the second parent dies?

Patrick Connolly
Fri, 01/03/2020 – 14:06

From
CJ/Orpington

Inheritance tax…

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