Private Client Tax Planning - Beyond the Basics

Introduction

This new virtual classroom seminar is suitable for private client practitioners who are confident in the basics of private client tax but want to consider the various nuances of lifetime planning, wills, and variations to be able to assist clients.

You will learn various practical planning tips that will help you to advise your clients.

What You Will Learn

This live and interactive session will cover the following:

• IHT residence nil rate band (‘RNRB’) - options to try to get some or all of this
• IHT nil rate band (‘NRB’) discretionary trusts - exploring when and how to use NRB discretionary trusts and consideration of obtaining the RNRB
• Effective use of exemptions and reliefs in lifetime and will planning
• Lower rate (36%) of IHT if 10% of net estate to charity - understanding the component parts, and merger of components, along with the great under-used potential of the lower rate
• Deeds of variations - more complex planning opportunities
• SDLT - when to worry about it

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.