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Inheritance Tax Tips: Trusts
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One technique that is very popular for cutting inheritance bills is to pay money into a trust.
Not all trusts are eligible and the government has cracked down somewhat of late, but nevertheless there are still a variety of trusts that you can pay into.
You need to make a gift to the trust of less than £285,000.
Get in touch with your lawyer or solicitor or a specialist on inheritance tax planning to find out more and discuss the right solution for you.
It is well worth doing - remember this could effectively save those who survive you £100,000 - surely an incentive to start planning now!
Not all trusts are eligible and the government has cracked down somewhat of late, but nevertheless there are still a variety of trusts that you can pay into.
You need to make a gift to the trust of less than £285,000.
Get in touch with your lawyer or solicitor or a specialist on inheritance tax planning to find out more and discuss the right solution for you.
It is well worth doing - remember this could effectively save those who survive you £100,000 - surely an incentive to start planning now!
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