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Ms Rosenbloom went on to discuss how some may opt to ensure their financial affairs are in order during their lifetime.
“Inheritance Tax continues to be a worry for many, particularly when the bill has to be settled within six months of a loved one's passing," she said.
"However, there are some quick and simple steps we can all take to ensure our financial affairs are in a better shape for any unexpected events.
"These include making a will to ensure the money goes where you want it to, making gifts to loved ones while still healthy enough to do so and making the most of government available tax reliefs."