Inheritance tax UK: How to cover debts following an ‘unexpected windfall’ of cash

INHERITANCE tax is usually paid by funds from an estate and this is handled by the person dealing with the estate, who will be an executor if there's a will in place. However, in some instances the beneficiaries of the assets may have to pay IHT if an estate can't or doesn't pay it and this circumstance could be more prevalent than some may expect. »