Martin Lewis urges couples to get married for 'huge benefit' – but it's heart-breaking

dailyrecord.co.uk:

Money Saving Expert Martin Lewis has highlighted a 'really big benefit' of tying the knot that might not sit well with those who are in it purely for love.

The money mogul suggests there's more to marriage than just romance, as he revealed during an episode of ITV 1's The Martin Lewis Money Show.

He pointed out that marriage can offer "hidden financial benefits," particularly when it comes to inheritance tax, potentially saving couples up to a staggering £200,000.Viewers were taken aback as Martin Lewis delved into the details, stating: "Where marriage really counts is when you die," which was met with a mix of laughter and surprise from the audience.He elaborated: "So the first thing to say.

Anything you leave to your spouse is exempt from inheritance tax. So there is no tax to pay on anything that you leave your spouse."However, Lewis did note that both parties need to be UK residents for this to apply without complications.