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Inheritance tax (IHT) intricacies intensify when property is involved, especially when assets span international boundaries or are incorporated into trusts. Property, often the cornerstone of personal wealth, requires meticulous planning to mitigate IHT liabilities effectively. This task grows more complex with overseas properties or when utilising trusts to shield assets from hefty tax burdens. Effective IHT strategies must address these challenges directly, balancing legal compliance with strategic tax planning. This blog aims to demystify the various aspects of property in IHT planning, including the use of trusts and the treatment of international property, ensuring estate planners and beneficiaries understand how to navigate these waters efficiently and legally.
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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.