Inheritance tax is, unfortunately, something that all estates in the UK will likely have to consider. It is a tax that applies to any possessions, money, or other assets left behind in a will.

Once you reach retirement age, you will be entitled to claim a state pension. However, for many people, pension income may not be enough to cover the cost of living. Thankfully, the government offers pension credit to people who may need to top up their weekly income.