Five ways to reduce your inheritance tax
Friday, December 04, 2009 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: inheritance tax,
Sue Knight,
pensions,
IHT,
debt,
planning,
banks,
trusts,
assets,
trust wrappers,
IHT threshold,
public sector debt,
asset protection,
bailout
Inheritance tax (IHT) is an emotive topic, not just for those who have saved for a lifetime but also for their accountant who must negotiate the many rules and planning opportunities. Often described as a ‘voluntary’ tax, there are a number of ways in which you can mitigate IHT and retain control over your assets and access to both income and capital. This month, I’m going to explain some of these options and look at David Cameron’s election promise of raising the IHT threshold to £1 million…
