10% CHARITY RATE REDUCTION FOR IHT
Aim:
To provide Probate Practitioners with a summary of the new rules for eligibility for this reduction and consider its use in practice
Outcome:
Participants will be able to navigate the operation of the rules
Agenda:
- The ground rules
-
Application
- Where the only assets which are subject to IHT are within the free estate
- Lifetime gifts which fail
- Where the IHT estate includes more than just free estate
- Problems
- Practicalities
- Formula clause
