Zurich: Brits failing to protect wealth

The research revealed that nearly two thirds (64pc) are unaware of the changes to the inheritance tax IHT rules announced in October 2007. The introduction of the 'transferable nil rate band' allows couples to more easily pass on more of their wealth to their beneficiaries free of IHT. Paul Wright, investment management director, business development director, Zurich UK Life, said: "Planning what will happen to your estate sounds like a depressing thought, but what is even more depressing is what your estate can be subject to if you don't start planning now. At best, a lack of knowledge ...