A commonly used approach to inheritance tax (IHT) planning is to make direct gifts to an individual or trust. While it is an effective form of planning there may be an IHT liability if you do not live for seven years following the gift.
By structuring life insurance policies in line with any gifts made or planned, your beneficiaries will have peace of mind that any subsequent IHT liability realised on your death can be funded by the life insurance policy proceeds.
We can work with your other professional advisers, offering advice on how to plan gifts in conjunction with insurance so that potential IHT liabilities are covered when you die.
Please get in touch if you would like to speak to us about arranging an insurance policy suitable for funding IHT by emailing email@example.com or calling 020 7633 2222.
"We can help you use equity release as an effective strategy within your overall inheritance tax plans."