People who have accumulated wealth over their lifetime are wary of leaving a large chunk of it to the tax man, after using up their IHT allowance.
There are many options available to them, whether that be giving away their wealth away, and protecting it with a gift inter vivos policy, or putting the wealth in trust.
But there is never a clear perfect solution, but ways of mitigating the costs and finding the best solution, that balances one's life now, and how much one is able to leave one's family.
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In this guide, we set out some of the options available and the pros and cons of each. It is worth an indiciative 60 minutes' CPD.
