Since house prices have risen so much in the past few years, most people don’t realise they could be leaving an Inheritance Tax bill for their family. Use this quick calculator to see how much of your family’s inheritance the tax man could get his hands on.

Your Assets:

Your Liabilities:

The Norwich Union Inheritance Tax calculator is designed to give you an approximate indication of your potential Inheritance Tax liability. It is a basic calculator that takes into account your primary assets and liabilities. It doesn't take into account other factors such as non-exempt gifts made in the last 7 years which could add to the value of the taxable estate. The calculation is based on 2008-09 figures. Your situation and the law relating to tax may change in the future. It is possible to minimise your Inheritance Tax liability and maxismise the amount you leave behind through effective tax planning. Talk to your financial adviser for more infomration.

* 40% Tax