Inheritance tax planning for landlord parents
Inheritance tax
If parents have buy-to-let properties and also have children growing into adulthood to whom they wish to leave their properties, they can make plans to put the properties into a trust to avoid their children being hit by a huge IHT bill. The general rule of thumb is, the larger …
Inheritance Tax planning basics – Use Exemptions
Inheritance tax
It is never too early to start inheritance tax planning (IHT). Early planning will allow you to take advantage of all the allowances and facilities available to protect your assets and to pass them on to your children, grandchildren, or whomever you choose. Over the course of many years you …