More than half (57%) of advisers say the demand for inheritance tax (IHT) mitigation has increased at their firm in recent years.
The latest PA Asks survey revealed that whilst the majority have seen an increase in demand, over a third (37%) have not and 6% ‘don't know'. One pundit said: "Asset prices and nil rate band freezes are creating a perfect storm, allied to a number of baby boomer clients selling businesses and/or inheriting themselves." Another said that many clients are now caught by IHT who would not consider themselves wealthy and may have never engaged with a financial planner. "Many more clients are coming into the threshold," one industry respondent added. Sharing a similar view, another c...
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