24/08/2026
Nearly half of UK homeowners over 45 describe themselves as just getting by. But the average estate in that group is over £400,000, and 13,000 of them have estates worth more than £1 million.
The inheritance tax threshold has been frozen at £325,000 since 2009 and will stay frozen until 2031. From April 2027, unused pensions will be added to the calculation too.
Do not decide whether you need estate planning based on how you feel financially. Work out what you are actually worth, including your home, savings, and pension. The number will probably surprise you.