Friends Provident research has showed that the introduction of the Civil Partnership Act could allow civil partners to save their relatives up to £110,000 in inheritance tax.
With around 16,500 people expected to register their partnership by 2010, they could potentially make a total saving of £900 million.
Under new law, assets can now be gifted between partners, free of inheritance tax during their lifetime or on death.
Our view
This is well proven and known tax law. Friends Provident are just "headline grabbing".
Visit our website Inheritance Adviser.com for more on this tax.