Hi,
I have a SIPP (income drawdown) in my name.
I understand that, on my death, this will be transferred tax-free to my wife and she will then be taxed, at her marginal rate, when she drawsdown from the SIPP.
Assuming this to be true...
my question relates to what happens upon her death..... how will this SIPP be treated for IHT when our sole son inherits?
TIA, Tony
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