Inheritance Tax Tips: Trusts
|Money : Inheritance Tax|
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!
Questions about inheritance tax: