Life insurance can ease death tax bills

 

With latest figures revealing HMRC collected £4.8bn in IHT last year, the Telegraph looks at some of the ways in which families can limit death duties. One tactic increasingly recommended by financial advisers is to buy a life insurance policy. “As long as the policy is ‘in trust’ the sum assured will go to the beneficiaries and will not be subject to inheritance tax,” says Ed Fairey of Ed Fairey Associates.

The Daily Telegraph, Your Money, Page: 4

Posted 02/09/2017