The laws affecting the inheritance tax on wills, trusts and estates are complex and full of pitfalls for the unwary. Inheritance Tax Planning Handbook provides a comprehensive overview of the planning opportunities available to mitigate the inheritance tax payable, with the help of examples and practical tips.
It provides a handy reference to the exemptions, reliefs and allowances available, explores the variety of different trust regimes as well as the complex rules around nil rate bands, and especially planning issues for spouses and around the residence nil rate band. Special circumstances are also explored, including agricultural and business property relief, financial planning, capacity issues and non-residents.
The book also explains:
This working reference book provides an accessible guide that can be used to steer clients through the complex inheritance tax regime affecting estates and trusts, and is indispensable reading for all private client practitioners.
