The broader picture

There are certain perils associated with writing about tax and estate planning just before a general election.  Without the benefit of a crystal ball, however, it is best to remain on the available firm ground. With that in mind, this article will review the landscape for estate planning in light of Budget 2010 and other developments. The Budget had three main ingredients to it from an estate planning perspective. Firstly, there were measures driven by developments in Europe. Secondly, the inheritance tax (IHT) nil rate band was placed in the deep-freeze until 2014/15 (in theory). Lastly...