IHT & Trusts - Advanced Aspects with Robert Jamieson

Introduction

This comprehensive full day in-person course will examine, and comment on, a wide range of topical IHT matters.

The course will focus particularly on the rules dealing with relevant business property, private residences, and UK-based trusts.

It is suitable for professionals who are required to give personal tax advice to their clients on a variety of IHT matters.

What You Will Learn

This course will cover the following:

• Business relief
• Deathbed planning - rights issues
• Other trading issues
• Excepted assets
• Recycling business relief
• Another variation using trusts
• Freezing operations
• Related property planning
• Normal gifts out of income
• Home sharing arrangements
• Residence nil rate band and downsizing
• IHT relief for losses on share sales from deceased estates
• The IHT position for trusts originally settled before 22 March 2006
• The post-FA 2006 impact of the IHT rules for trusts
• Some thoughts on IHT charges and relevant property trusts
• Case study showing calculation of entry charge for discretionary trust
• Case studies showing calculations of exit and 10-year anniversary charges
• IHT planning
• Are pilot trusts still worthwhile?
• Pilot trusts and the attraction of S81 IHTA 1984
• Exploiting the limitations of S67 IHTA 1984
• Planning with related settlements