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Online News For Innsuites Hospitality Tr Sh Ben Int

IHT: Seven ways to help clients beat the tax trap

Close to 800,000 homes in Britain are now worth at least a million pounds meaning their owners could face potential IHT liability on death. Here, Wealth Club outlines seven key points to share with clients to limit their exposure. Chief executive Alex ...

Govt in line for IHT boost as savers unclear on ISA rules - Canada Life

The provider said its annual IHT Monitor revealed more than half (51%) of over 45s do not know ISAs are liable for the tax. It warned many families would therefore be at risk of paying millions in "unnecessary taxes". The research echoed statistics from ...

Lasting power of attorney and IHT planning

An essential part of financial planning is ensuring that a trusted representative can continue to manage a person’s affairs in the event of the worst happening. Establishing a lasting power of attorney, however, can set limitations on inheritance tax ...

How to Reduce Your IHT Bill

This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Ian Dyall, estate planning expert at Tilney explains how not to get caught out by inheritance tax. While changes to Inheritance Tax allowances have ...

Considering equity release but worried about inheritance? Use these three tricks to beat the system

This method could also take someone who is close to the IHT margin below the taxable threshold, if it brings the value of their whole estate at death below £900,000. Those in good health could actually use equity release to lessen their “death tax” blow.

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