Inheritance Tax

The potential beneficiaries of a discretionary settlement included the settlor’s husband. The husband died in 2008 and the settlor has not remarried

An examination of the decision in the Trustees of David Zetland Settlement

Many taxpayers feel that they have worked hard to purchase their main residence and wish to pass this on to their children without paying tax, but without the possible complication of using a trust

A couple jointly own a company that is about to be sold. They plan to transfer shareholdings to the value of their inheritance tax nil-rate bands to a trust shortly before sale

A father’s will left three quarter shares of his estate into trust for his three children for life and then to the children of one of them. The income requirements of each of the life tenants have been different and the trusts have differing levels of capital in them

A guided tour of Spanish villas and inheritance tax planning

The Supreme Court’s decision in the conjoined  Pitt  and Futter cases shines a light on equitable remedies 

A non-domiciled UK resident was claiming the remittance basis and paying the annual charge, but died in December 2012. His widow has received a UK pension scheme lump sum

Planning opportunities for maximising business property relief

Taxman reponds to internet speculation

Mitigating potential inheritance tax liabilities by giving away a main residence is a relatively common tax strategy. However, what terms should be included in a leaseback from the donee such that there will not be a gift with reservation of benefit?

Advice is required on a variation of the “double trust home loan” scheme to pass property to the next generation, while retaining use of it. The strengths and weaknesses of the new scheme are discussed