IHT opportunities

Far from being in decline in the falling market, we have seen a marked increase in IFAs looking to take advantage of depressed asset values to consolidate inheritance tax (IHT) valuations. It may seem slightly perverse as many, indeed most of us, are still in a state of shock at how much our assets have fallen since the perfect storm began almost two years ago. My conservative calculations show that almost £1 billion has been wiped from the values of those deceased estates in the intervening period. With the FTSE fallen 40% and property prices fallen 15%, many beneficiaries are already co...