Inheritance Tax Planning
Proper inheritance tax planning could save your family hundreds of thousands of pounds. For example:
- How the £312,000 exemption can be used not just once but every 7 years.
- How to make sure that you get full value out of the transferable nil rate band, worth up to £124,800 today and possibly much more in the future.
- How the new IHT rules affect married couples, including when to pass wealth to your children tax efficiently and when to hang on to your wealth.
- When and how to undo obsolete tax planning put in place previously.
- The special position of 'second time around' couples and how they can shelter up to £1,200,000 worth of assets from IHT.
- Important information to help widows and widowers work out where they stand after the latest Budget changes.
- How to use the little-known ‘regular payment’ method to pass unlimited funds to family members.
- Inheritance tax planning techniques for protecting the family home.
- How to pass on investment properties worth up to £600,000 free from both inheritance tax and capital gains tax.
- Detailed analysis of the latest trust changes and the various types of trusts: Discretionary Trusts, Interest in Possession Trusts, Life Interest Trusts, Bare Trusts, and Bereaved Minor’s Trusts, ‘18 to 25’ Trusts and Disabled Trusts and their impact on tax planning.
- Business Property Relief to pass unlimited assets to your family.
- How to get a double deduction for qualifying business property.
- How to make Lifetime Transfers in the most tax efficient way.
- Everything you need to know about Potentially Exempt Transfers, tax free after 7 years.
- Using family weddings to pass assets to children, future grandchildren and other family.
- Tax planning techniques for common law partners.
- Important steps to take to avoid capital gains tax when transferring assets to your family.
- How to plan for inheritance tax without causing financial hardship to yourself or your spouse.
- How hundreds of thousands of people in the UK with foreign domicile can protect their foreign assets from inheritance tax.
- Inheritance tax planning steps you should take when you lose a parent or spouse.
- How to keep control over your income when you give away capital.
- The fabulous AIM exemption: how to protect your wealth from inheritance tax after just two years.
- How you can knock up to 15% off your inheritance tax bill by simply changing the legal title you hold in your house.
- How to avoid IHT on valuable antiques, paintings, etc.
- How to avoid UK inheritance tax if you emigrate.
- Practical answers to the problems of long-term residential care.
- How to retire to the country and save inheritance tax at the same time.
- How to benefit minor children and children who aren’t even born yet.
