You may wish to consider further inheritance tax planning available through making gifts in your lifetime so as to reduce the value of the tax on your death. There are various ways in which these gifts could be carried out, either by way of outright gifts or into trusts for members of your family.
We can help you to consider the most appropriate trust to use and other related issues, for example, who should act as a trustee to administer and manage the trust fund. We can also advise you on the related inheritance tax and capital gains tax effects of this step.
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