George Osborne's £1m IHT giveaway comes with a catch (or two)

Many clients identify inheritance tax and estate planning as a key area of interest to them and their families and it is always good to be able to deliver good news when it finally emerges and let's face it - that can be a rare occurrence. In his recent Summer Budget speech, Chancellor George Osborne was finally able to deliver on his promise to help us all pass on our family homes to the next generation without having to suffer inheritance tax (IHT). This news has been largely welcomed. As is generally always the case, the devil lies in the detail. It is probably best to recap on ...