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While inheritance tax remains the most hated tax in Britain, Conservative leader contenders Liz Truss and Rishi Sunak have both suggested they would review inheritance tax rules if they become Prime Minister.
While the outcome of any possible review is entirely uncertain, some will hope it could mean scrapping the tax, cutting the 40 percent rate or increasing the threshold which has been frozen since 2010 at £325,000.
However, there is no guarantee that inheritance tax rules or thresholds will change, meaning more people face having to pay the tax in the future.
Graham Southorn from Maplebrook Will Writing Bristol told Express.co.uk there are three key things Britons can do while they’re still alive to ensure their loved ones aren’t left with a hefty tax bill.
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