Martin Lewis urges Brits to take 'crucial' inheritance tax step - and it's free this monthMartin Lewis is urging people to take the steps to create a will while they can get it for “free or cheap” this month.
However, research by Canada Life earlier this year found that 33 percent of UK adults aged 55 or over have not made a will yet.
Frozen thresholds and soaring inflation are dragging more estates into the 40 percent inheritance tax bracket, making now a crucial time to consider the move.
In the latest Money Saving Expert (MSE) newsletter, Mr Lewis wrote: “Sorting a will is crucial if you've got a house, savings, a business, or people you'd like to look after when you're gone.
Mr Lewis added: “If it's not on in your area now, the likelihood is that it will be in March.” Explaining the support on offer, Mr Lewis wrote: “A solicitor will draft the will for free.
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