Tolley's Inheritance Tax Planning 2006

Tolley's Inheritance Tax Planning 2006
By Michael Waterworth Richard Dew and Ten Old Square
Published by LexisNexis Tolley 232 pages £79.99

Inheritance tax has come to be seen as a lawyers' patch presumably because of its association with wills. These demarcation lines can be important: it is one of the problems of the pre-owned asset legislation that it is an income tax 'solution' to an inheritance tax 'problem' and so cuts across the usual professional boundaries. In some cases this leads to problems because the people doing the planning do not fully understand the impact on other taxes.
The point of this book is to allow you to give basic advice to your clients. Here the world divides three ways and you need to know which category you are dealing with. For most people inheritance tax is not and will not be an...