Everything You Need To Do
- Know the extent of the problem – IHT is paid by the estate and before distribution.
- Four methods of attack – Spending, Giving, Insuring, Business Property Relief.
- Get your will written/reviewed – Anything complex, see a specialist lawyer. Won’t be cheap but will be MUCH cheaper than an IHT bill.
- Trusts and FICs – Requires giving away interest in assets, and also income. Come with costs – sometimes very high. Does IHT saving make it worth it?
