In the 2015 Summer Budget, the previous Chancellor of the Exchequer, George Osborne, announced the introduction of a new extension to the Inheritance Tax nil rate band for residences, with effect from April 2017.

You could save your family as much £140,000 in Inheritanc...

The key to this success in inheritance tax avoidance was careful planning. Here, we summarise some of the key points regarding the tax.