Tolley Seminars Online

P518 Interaction of lifetime gifts followed by death (Bob Trunchion)

By , 16 minutes long

Seminar

 Bob Trunchion runs through the rules relating to both potentially exempt and chargeable lifetime transfers which are followed by a subsequent death. He considers when an individual may want to make such transfers and why using a trust may be useful. He reminds us that when undertaking IHT planning, we made need to consider the period up to 14 years before the taxpayers death.