"Inheritance tax" refers to the tax imposed on the money, property, or assets that are inherited by individuals after someone passes away. Full definition
You may want to pass on an inheritance or simply have enough coverage to reduce the burden of inheritance taxes on your family. (valuepenguin.com)
Civil partners and spouses won't pay inheritance tax on what their partner leaves to them as long as they are left the entire estate. (ageuk.org.uk)
They became concerned that the value of their jointly - owned property had increased to the point that each half share was worth significantly more than the current exemption threshold for inheritance tax. (newlawjournal.co.uk)