Unmarried couples over 70 at risk of large IHT bills as cohabiting rises - Continuum 

‘Succession planning may be the answer’ 

clock • 2 min read
When one partner of an unmarried couple dies, their estate becomes liable for IHT on any assets above the IHT allowance, according to Alcock, independent financial adviser at Continuum
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When one partner of an unmarried couple dies, their estate becomes liable for IHT on any assets above the IHT allowance, according to Alcock, independent financial adviser at Continuum

As marriage is in decline and the number of over-70s cohabiting without getting married or entering a civil partnership is booming, large numbers of couples risk having to pay large inheritance tax bills should one pass away, according to national IFA firm Continuum. 

The number of couples choosing to cohabit has increased massively over the past two decades, Continuum said. According to the latest figures from the Office for National Statistics (ONS), in 2002 t...

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