IHT made easy

Skandia has launched a client guide to Inheritance Tax (IHT) and trusts, designed to provide advisers with information they can pass on to consumers about the latest government changes. The guide outlines the principles of planning for IHT, what it is and who it applies to, calculating liabilities, and reducing bills. It also describes the rules around gifts and exemptions, wills and trusts, and the mooted intestacy ules. Colin Jelley, head of tax and financial planning at Skandia, said: "IHT is a complex issue and with all the recent changes, clients may be uncertain on the new rules surro...