IHT Avoider
Here we explore inheritance tax planning in more detail, as well as how you could avoid it.
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Give With a Warm Hand
I saw a widow recently. She’d booked in to talk about inheritance tax, which is usually where these conversations start and almost never where they end. Before we got anywhere near gifting or trusts…
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Will Protection Help Me With My IHT Problem – Pre-Funded Trusts?
Legitimately avoiding inheritance tax (IHT) is not getting easier. It is an easy tax to collect and growing house prices and portfolio valuations have made the tax bigger. The move from 2027 to include pensions…
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Can Business Relief Help Me as a Trustee?
One big issue if you have an existing trust is the 10th anniversary tax charge. The value of the trust will be assessed and the excess over the nil rate band will be taxed…
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Inheritance Tax Loophole For The Aristocracy
In the village where I live, we are wedged between two huge estates, the Duke of Wellington owns most of the land to the North and Earl Calthorpe a lot to the South. Outside…
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What is the 14-Year Inheritance Tax Trap?
Most people understand that if you make a reasonable size gift, you need to survive seven years before it falls out of your estate for inheritance tax purposes. So why do the HMRC probate…
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Why Is Business Relief Not Right For Someone In Their 60’s?
Business Relief funds are very popular with some advisers and clients. In fact, we use them with some clients where it is the right advice. The total market for specific Business Relief funds is…
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Why Is A Discounted Gift Trust Not Right For Someone In Their 60s?
In our role as advisers, we see a lot of previous advice that hasn’t worked. It is sometimes a little tricky to work out why the advice was given in the first place but…
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What Can I Do About My Pension Now It Pays Inheritance Tax?
The first thing to say is that pension funds are due to be included in your estate for inheritance tax purposes from 6th April 2027 and so there is time to plan. Many retired…
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The New Business Relief Rules: What Do I Need To Know?
From April 2026 the government is introducing a new limit of £1 million per person of Business Relief. Business Relief is valuable as it exempts business assets from inheritance tax (IHT). Anything over that…
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Is a Pre-Nuptial Agreement (Pre-Nup) Worth Having?
Pre-nups are a financial agreement entered into by both people prior to getting married. In theory they protect the person bringing the most money into a relationship from losing that money in the event…