Inheritance Tax Changes 2024. Most families will not find themselves subject to estate tax when the value of their home is included because the current federal estate tax is only applicable to estates valued at. Property, money and possessions) when you die, commonly referred to as inheritance tax.
If you die before age 75: As announced at autumn budget 2024, from 6 april 2027 most unused pension funds and death benefits will be included within the value of a personโs estate for inheritance.