Strategic IHT Planning for High Net Worth Clients - An Essential Toolkit

Introduction

Despite Inheritance Tax (‘IHT’) being a concern for many, only about one in twenty estates ultimately incur this tax.

This is largely due to the array of reliefs and exemptions available.

By implementing well-considered planning strategies, individuals can effectively navigate IHT, allowing many assets to pass to beneficiaries without incurring tax liabilities upon the owner's demise.

This webinar will delve into the primary methods by which high net worth individuals can strategically plan to maximise the transfer of their estate to loved ones.

What You Will Learn

This webinar will cover the following:

• IHT liability concerning residence and domicile status
• IHT implications associated with lifetime gifting
• The advantages and potential drawbacks of utilising trusts in IHT planning
• Ignored transfers and their implications
• The impact of Agricultural Property Relief (‘APR’) and Business Property Relief (‘BPR’) on gifting strategies
• Navigating the complexities of gifts with reservation of benefit
• The concept of the transferable Nil Rate Band (‘NRB’)
• Leveraging the Residence Nil Rate Band (‘RNRB’) in estate planning
• Strategies for tax-efficient gifting to charitable organisations

This webinar was recorded on 13th June 2024

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.