Life insurance to plan for Inheritance Tax charges on residential property
The new rules coming in from April 2017 to charge inheritance tax on UK residential property held in offshore structures will make it more difficult for non-domiciliaries to manage inheritance tax exposure on residential property.
A recent report suggests that in some situations life insurance may be an effective solution to cover the new inheritance tax liability: ‘Rather than avoiding the tax charge, clients can plan for it in an efficient way’.
Have a look at page 5 – http://bit.ly/2l0BU8g
Where you are going wring with inheritance tax planning – http://bit.ly/2oDgG28