Canada Life's Neil Jones takes a closer look at controlled access trusts
London and the South East of England have been named the UK's inheritance tax hotspots, with wealthy households in these two regions paying more IHT than the rest of the country put together.
Skandia's Gordon Andrews examines HMRC’s move to simplify discretionary trust tax
Skandia has extended its ‘Best Start in Life' trust to the UK platform in light of demand for the planning solution through the international business.
Non-domiciled holders of whole-of life policies may no longer qualify for an exemption of inheritance tax under new HMRC rules, sparking the need for revised estate planning to avoid unexpected tax bills, Skandia has warned.
Inheritance levels in the UK have hit £75bn
The tax benefits of writing life insurance in a trust have been widely publicised, but other assets can also benefit from this type of proetection.