Inheritance Tax Services

What You Will Learn

• 1 Learn the fundamentals of inheritance tax, including its history, purpose, and applicability.
• 2 Understand how to value an estate and identify taxable assets and deductions.
• 3 Explore key exemptions and reliefs such as spouse exemption, charitable donations, and business relief.
• 4 Analyze gifting strategies to reduce IHT liability, including potentially exempt transfers and gift with reservation.
• 5 Apply trust structures for IHT planning, focusing on bare trusts, interest in possession trusts, and discretionary trusts.
• 6 Examine business and agricultural property relief qualifications and planning opportunities.
• 7 Evaluate international IHT considerations, including domicile, non-UK situs assets, and double tax treaties.
• 8 Implement IHT compliance processes, including filing returns, valuations, and payment deadlines.
• 9 Develop estate administration and probate procedures to settle IHT efficiently.
• 10 Create advanced IHT plans integrating reliefs, trusts, and family governance for high-net-worth clients.