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:

• Guidance on IHT and DOTAS
• Business relief - companies, sole traders and partnerships
• Deathbed planning - rights issues
• Other trading issues
• Excepted assets
• Recycling business relief
• Freezing operations
• Related property planning
• Normal gifts out of income
• Home sharing arrangements
• Residence nil rate band and downsizing
• Deeds of variation - a review of planning opportunities
• Exempt surviving spouse trusts
• The position for trust property settled before 22 March 2006
• Background to IHT charges involving relevant property trusts
• Tax planning with discretionary trusts
• Are multiple trusts still worthwhile?
• Exploiting the limitations of S67 IHTA 1984
• Using related settlements
• The first home loan scheme case
• Furnished holiday property and business relief
• Examples of the IHT charging provisions for relevant property trusts