You're about to listen to a BBC podcast, but this is about something else you might enjoy.

My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds.

The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that.

With music on sounds, we offer collections and mixes for everything, from workouts to

helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all

put together by people who know their stuff. So if you want some expertly curated music in your

life, check out BBC Sounds. This is the BBC. Welcome to this download of Moneybox

Live, the programme about your money and today it is all about the very important subject of

inheritance. I hope you enjoy. Good afternoon. Five billion pounds was paid in inheritance tax last year. That's the highest amount ever. Four times as many people are paying tax as they were in 2010, so it is becoming a much bigger worry for a lot of people. The truth, however, is that most of us don't pay the tax. Although the numbers have risen quickly, it's still a relatively small group,

with fewer than 30,000 estates per year having to pay. But many feel they've spent a lifetime

earning their money and want to help their family and friends with what they can leave behind

and therefore want to ensure they don't pay unnecessary amounts of inheritance tax.

Now, the most important figure, I I think to remember here is this,

£325,000.

That's the base figure you're allowed to pass on

without any inheritance tax being charged.

In most cases, that's going to be enough

for people to pass on their home savings and other assets

without having to worry about it.

But rising property prices, amongst a number of other things, have meant more people are being affected.

So if you've got a question about how to plan for inheritance tax, or indeed, a comment or a story to share,

I'd love you to be part of our chat today.

...