Will trusts still beneficial despite IHT changes - threesixty

threesixty says there are still a number of advantages to IHT trusts and has produced a spreadsheet calculator to help advisers demonstrate these to their clients. In the latest pre-budget report, the Chancellor, Alistair Darling, allowed any unused NRB of a deceased person to be passed to their spouse or civil partner to be used at the time of their death, effectively doubling the IHT threshold for couples. The move has led some organisations to call for NRB trusts to be torn up as they are unnecessary, but threesixty says they still offer considerable advantages. If the first partner t...