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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!

By: Fred

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