Double Dip Planning - Ensuring Optimal Estate Planning for Business Owners

Introduction

Many advisors will have heard the term ‘double dip planning’ but not fully understand the options available or when to advise on it.

Some may even be under the misapprehension that it is ‘risky’ tax planning, or an avoidance scheme.

Others do advise on this planning but are using an outdated model that results in unnecessary tax charges.

Anyone who advises business owners on estate planning should understand double dip planning and be able to advise their clients on how it works and advise their clients’ executors on how to implement it.

In some cases, it fully doubles the tax saving available from business assets.

This new virtual classroom seminar will explore which clients can benefit from this planning, how it works to provide significant tax savings, and the most efficient model to implement the planning.

What You Will Learn

This live and interactive course will cover the following:

• How to identify whether clients can benefit from ‘double dip planning’
• How the planning doubles the IHT savings from assets which qualify for business relief
• The best way to structure a will to enable the planning
• The drawbacks of using outdated versions of the planning
• The wider tax treatment of the planning and the options available
• The practical steps necessary to implement the planning after death
• How to correspond with HMRC about the implementation of the planning

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.