Inheritance Tax Planning
| Money : Money Management One way to try to reduce the tax that is paid through IHT, if relevant, would be to skip a generation in your will. That means that you would leave everything to grand children instead of children, if this is suitable for all parties concerned. The reason is the money will then be eligible for IHT on passing to the grandchildren (once) rather than twice: once on the death of the grandparents and once on the death of the parents. Therefore this is something that is worth considering, in the right circumstances this can make sense for a family.
 Questions about inheritance tax:
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