Shaken but not stirred

The economic climate today is uncertain, we have seen a cocktail of falling asset values mixed with lower investment returns. Understandably this has caused more people to concentrate on preserving financial security for themselves and their family. Secondary to that will be the mitigation of inheritance tax. Is it possible to achieve both objectives? Estate planning often involves a person giving away assets during their lifetime, however once the gift is made, it cannot be called back. Outright gifts are straightforward but inflexible; if circumstances were to change, the gift cannot b...