A comprehensive guide to the IHT and planning issues that concern lawyers and accountants when advising clients on the most appropriate course of action.
Updated in line with Finance Act 2017, including the following:
- changes to the deemed domicile rules for IHT purposes
- further restrictions to what is defined as excluded property under IHTA 1984
- new anti-avoidance measures
The book has been restructured to reflect the coming into force of the Residence Nil-Rate Band from April 2017, with a new chapter on that subject. There is also a new chapter on Domicile.
More info
Widely recognised as one of the leading titles in the field, the 15th edition of this book supplies the latest estate planning techniques and expert know how that will enable practioners to provide the most suitable advice to their clients.
Chapter 1: Introduction and outline
Chapter 2: Domicile
Chapter 3: Excluded property
Chapter 4: The art of giving
Chapter 5: Gifts with reservation of benefit
Chapter 6: Husband, wife and civil partner
Chapter 7: Nil rate band
Chapter 8: Residence nil rate band
Chapter 9: The use of exemptions
Chapter 10: Appropriate will planning
Chapter 11: Practical aspects of will drafting
Chapter 12: Interest in possession settlements
Chapter 13: Non-interest in possession settlements
Chapter 14: Other varieties of settlement
Chapter 15: Practical aspects of drafting settlements
Chapter 16: Business interests
Chapter 17: Business property
Chapter 18: Agricultural property
Chapter 19: Estate planning woodland, heritage property and Lloyds
underwriters
Chapter 20: Pensions, life assurance etc
Chapter 21: Pre-owned assets
Chapter 22: Compliance issues
Mark McLaughlin is a consultant with his own practice, Mark McLaughlin Associates Ltd, which provides tax consultancy and support services to professional firms throughout the UK. He is a fellow of the CIOT and a member of the ATT and STEP. Ralph Ray was a solicitor and consultant specialising in taxation. He was Vice President of STEP and recipient of a STEP Lifetime Achievement Award. A member of the CIOT, he has contributed frequently to tax and accountancy journals. Geoffrey Shindler OBE is a Consultant with DWF LLP Solicitors. He specialises in wills, trusts, capital taxation and estate work. Paul Davies is a partner at the law firm DWF in Manchester
