Paul Wilcox: No deliberate deprivation here …

Recent times have seen a great deal of media focus around long-term care on the one hand and ‘deliberate deprivation' on the other - in both cases, as they relate to inheritance tax (IHT) planning. In reality, most people looking to mitigate a sizeable potential IHT liability are more concerned about retaining access to funds should they need them for later life requirements, including long-term care, but certainly not about deliberate deprivation. While there are a number of strategies for assisting those with considerable assets to protect them from IHT, the least controversial and ...