The tax trap awaiting Millionaire's Row – and how to beat it

What do you do about the looming inheritance tax threat when you live with elderly parents along with your own child and the home is worth nearly £10million – and you want to continue living there?It sounds like a champagne problem, but IHT does hit ordinary people – including one reader who admits to being relatively cash poor. How can they make sure they aren't turfed out due to inheritance tax?This is Money editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost discuss the IHT issue.Elsewhere, we discuss the big responsibility of being a trustee with a pot of cash to invest for a younger sibling and why it is never too late to start sorting your pension.With a number of big firms suffering hacks, including British Airways, we discuss what people can do if they are a victim and how to prevent becoming one.And finally, we talk about electric cars as sales continue to rise with the UK pushing for an entirely zero-emissions road network by 2040.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.