Cookies on the PFS website

By using and browsing the PFS website, you consent to cookies being used in accordance with our policy. If you do not consent, you are always free to disable cookies if your browser permits, although doing so may interfere with your use of some of our sites or services. Find out more »

Personal Finance Society
Recently added to my basket
Sorry but there was an error adding this to your basket. Please try adding it again

The order of gifting – avoiding unforeseen inheritance tax

Webinar recording

Inheritance tax can be a complex matter to tackle with clients. However, it can become even more complicated where a client requires a range of trust and gift solutions to meet their planning requirements and goals.

In this 50 minute webinar, John Haley MSc, Chartered Financial Planner, FPFS, CFPTM, Chartered FCSI of Utmost Wealth Solutions discusses how if IHT solutions such as potentially exempt transfers and chargeable lifetime transfers are implemented in the wrong order, an unexpected death can cause some long lasting and unnecessary tax ramifications.

Learning objectives

  • Appreciate the key features of Chargeable Lifetime Transfers and how they are taxed
  • Understand the impact that previous Chargeable Transfers have on subsequent Chargeable Lifetime Transfers
  • Explain how the order of making various gifts can have an impact upon periodic charges under discretionary trusts
  • Understand the concept of the 14 year rule and why it is essential to understand the history of gifting in order to provide effective and accurate advice 

View the recorded webinar (50 minutes)