It's all part and parcel of inheritance tax

'In this world nothing can be said to be certain, except death and taxes'. Benjamin Franklin's immortal words date from 1789, but continue to resonate today as more and more people find themselves falling within the spectre of inheritance tax (IHT). It is no surprise then that IHT sits high on the political agenda and perhaps the only certainty today is that IHT will continue to evolve. The 2006 Budget has already demonstrated that wide spread changes to the IHT rules can and do happen. The changes to the rules surrounding the treatment of 'interest in possession' trusts, by far the most p...