Gift inter Vivos Plan.
A potentially valid way of reducing tax associated with Inheritance Tax Planning (Click here to make an enquiry) is to make outright gifts of capital. However legislation states that IHT may be due albeit on a reducing scale, for a further seven years.
A Gift inter Vivos plan or policy (written in trust so as not to form part of your estate and compound the IHT problem), provides benefits over seven years on a reducing basis - in line with the potential tax liability. This will ensure that your beneficiaries have sufficient funds to pay. Click here to make an enquiry about this type of life assurance.
THE FINANCIAL SERVCES AUTHORITY DOES NOT REGULATE TAXATION AND TRUST ADVICE.
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