Minimising clients' IHT liabilities: Where there's a will there's a way

There are ways to mitigate an anticipated inheritance tax bill

clock • 4 min read

Richard Burgess explains why clients should have a will in place to avoid what could be hefty IHT liabilities...

Despite deluges of rain, the calendar says that spring has finally arrived. Traditionally, the start of the new season is the time to arrange one's financial affairs by way of a ‘spring clean'. Too frequently overlooked during such an annual tidy-up is whether one has completed a will and if it is up to date. In a recent poll commissioned by Canda Life, the most commonly cited reasons for not having a will in place include: thinking that the value of their assets does not warrant one; and believing that they have plenty of time to see to it. Another reason for not having a will may be...

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