Investment Bonds After Death: What Happens Next

<pWhen a loved one passes away, sorting through their financial affairs can be a complex and emotionally challenging task. Among the various assets they might have held, investment bonds, sometimes referred to as 'insurance bonds' or 'onshore/offshore bonds', often present unique considerations. Understanding how these bonds are treated after death, who receives the proceeds, and the tax implications involved in England and Wales is crucial for executors, beneficiaries, and those planning their ...