Inheritance tax, or IHT is a swinging financial obligation for may individual. And an increasingly important revenue source for the Exchequor.

It is often described however as a voluntary tax. The reason being, individuals have so may ways of mitigating and avoiding payment with correct advance financial planning.

Our Review service looks at the following:

• How to take advantage of the nil rate band.
  
• How to escape the traps when you transfer your assets to your spouse.
  
• How to pass unlimited funds to family members using the little-known “regular payment” technique.
  
• How to shelter your home from inheritance tax.
  
• How you can use discretionary trusts and reversionary interest trusts to provide you with regular income whilst protecting your assets from the taxman.
  
• Benefits and drawbacks of using life assurance and insurance for tax planning purposes.
  
• How to piece together the all-important documentary evidence to convince the taxman of your motives.
  
• How you can pass on a family business without paying inheritance tax.
  
• How you can make Lifetime Transfers in the most tax efficient manner.
  
• Tax pitfalls surrounding volatile assets such as shares portfolios.
  
• Why gifts need to be granted in a particular order to avoid overpaying tax.
  
• How £20,000 of tax can be saved in a short space of time using the Annual Exemption.
  
• How you can use family weddings to pass assets to children, future grandchildren and other family.
  
• Tax planning techniques for common law partners.
  
• Capital gains tax pitfalls to avoid.
  
• How with-holding assets from your spouse can save £102,000 in tax.
  
• How to effect productive inheritance tax planning whilst avoiding financial hardship for yourself or your spouse.
  
• How UK inheritance tax can be avoided by putting foreign domicile to use.
  
• How to make sure your friends and family do not receive unequal tax bills.
  
• How, in the space of 48 hours, one couple managed to give their children £20,000 completely free from tax.

Lowndes Alexander Daniel Independent Financial Advisers Ltd.

Suite 116, Lovell House,
Birchwood Park, Birchwood, Warrington,
Cheshire. WA3 6FW

Tel:01925 819156
Mob:07789 376506

LAD is authorised and regulated by the Financial Services Authority.