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Identify the opportunities

Your Inheritance Tax planning toolkit

 

Inheritance Tax can be a complicated issue and this content is designed for financial advisers, professional intermediaries and paraplanners. Please note that TIME is unable to provide investment or tax advice.

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The Inheritance Tax opportunity

 
With property values continuing to rise, many families are being pushed above the frozen nil rate bands and becoming liable to Inheritance Tax (IHT). IHT is often called the “voluntary” tax as, with careful planning, there are many simple and legitimate ways you can help your clients reduce their exposure to this tax. 
 
With trillions expected to pass between the generations over the next three decades, this presents a unique advice opportunity for financial advisers and planners.* Intergenerational planning has never been more important and below are some resources and tools to help you identify these planning opportunities.
 
*Source: ‘Passing on the Pounds’, Kings Court Trust, 2017
 
 

Enhance your knowledge of estate planning and Inheritance Tax

 
Our CPD qualifying webinar series is designed for both those that are seeking an introduction to this area of planning and also for the more experienced later life and estate planners. Each session is around 15 minutes long and clearly defines the subject, explains the technical workings and then explores why it represents an advice opportunity.
1: Introduction and IHT fundamentals 
2: The Transferable Nil Rate Band 
3: The Residence Nil Rate Band
4: Will Trusts
5: Business Relief (Part One)
6: Business Relief (Part Two)
7: Trust Planning
8: Trustee Duties
9: The Incapacitated Client
10: Post Death Matters

A Technical Guide to Business Relief

Our guide offers practical advice for financial advisers and expert commentary covering IHT, estate planning options and Business Relief (BR).

This invaluable guide offers:

  • insight on the IHT landscape
  • support on due diligence best practice
  • practical case studies showing BR in action
  • guidance on how to optimise client outcomes in-line with Consumer Duty

Our guide also qualifies for four hours CPD.

Request your copy
Resources to share with your clients
We know that clients can sometimes be reluctant to discuss IHT and we offer two guides designed specifically for them to take home and share with their families.

Your guide to IHT planning

The guide explains what IHT is and how it is calculated, including the nuances around unmarried couples and nil rate bands. The guide also covers a range of IHT planning ideas.

Request your copy

Your guide to BR

The short guide breaks down the fundamentals of BR in a simple and digestible format. The guide covers the background to BR and different ways clients can access this tax relief.

Request your copy

IHT liability calculator

Our simple online calculator helps you forecast your client's potential future IHT liability by factoring in the current values and projected growth rates of their property, investments and cash.

You can select the available nil rate band and residence nil rate band allowances and also show the potential tax savings that a BR investment could offer after just two years.

Access the calculator
How we can help
Support
  • CPD workshops and webinars
  • Team training and development
  • Local dedicated IHT planning support
Find your local TIME contact
IHT services
  • Asset-backed BR service for private clients
  • Asset-backed BR service for corporate clients
  • AIM BR service for private clients
Learn more abut our IHT services

TIME Investments is authorised and regulated by the Financial Conduct Authority under FCA number 534723