Assessing the risks

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Vanessa Owen discusses the inheritance tax implications of using equity release

There is no doubt that attitudes towards equity release have shifted, with a growing acceptance that equity release is a legitimate, viable financial planning tool. The sea change brought about in no small part by SHIP, has navigated the industry steadfastly away from its past, by offering consumers and their advisers products they can be confident in. But can releasing the equity in your home through the products currently on the market actually reduce the impact of inheritance tax? Equity release products are an option that should be considered for many of the challenges that people...

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