Tried and tested solutions

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Despite change in the inheritance tax planning arena there remain some highly effective solutions. Robert Meyer goes through the options

IHT planning can be very frustrating from an adviser's point of view. No sooner does a solution develop than the legislators, through HMRC seem to move the goal posts again. That said, most people in the UK fail to make even basic preparations for the fiscal consequences when they die. This, to be honest, was not so great an issue up until the last decade, as only a minority ended up paying IHT. However, rampant house price inflation in the 90s and 00s has clearly changed all that and there is no doubt that for many of our clients it is the value of their property that tips the scales. Al...

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