How to avoid Inheritance Tax (For Landlords)

How to avoid Inheritance Tax (For Landlords)

19:00 PM, 15th May 2020, About A year ago 8

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Mark Alexander of Property118 talks to Ranjan Bhattacharya about options for landlords to plan for business continuity and protecting their legacy for their bloodline from inheritance tax and other risks such as divorce.

The video below also includes:

  • Essential inheritance tax advice
  • Property investors tax advice and
  • buy to let landlords tax advice



Comments

by XPP

22:42 PM, 15th May 2020, About A year ago

Excellent discussion Gents....
Appreciate your kindness for your dedication to help....

by Mick Roberts

15:43 PM, 16th May 2020, About A year ago

Very good point, the Life Insurance adds to your estate. The simplest things we just don't know if someone don't tell us.
Put the Life Insurance into Trust.

by JB

15:32 PM, 18th May 2020, About A year ago

Can anyone tell me the difference between life insurance and life assurance please? Mr Google says one is tax deductible and the other isn't.

by colette

22:52 PM, 18th May 2020, About A year ago

Reply to the comment left by JB at 18/05/2020 - 15:32
While life assurance covers you for your whole life, a standard life insurance policy usually covers you for a set term. However, some life assurance policies do allow you to finish your payments at a certain age - this varies, but tends to be around 85. Life assurance products involve an investment approach and so tend to be more complex.

by Internlet

12:22 PM, 19th May 2020, About A year ago

Re this video, I want to sort my situation can you tell me who to contact ,many thanks T

by Neil Patterson

14:58 PM, 19th May 2020, About A year ago

Reply to the comment left by Internlet at 19/05/2020 - 12:22
We will be more than happy to assist if you would like to book a tax consultation from our main tax planning page >> https://www.property118.com/tax/

by Charles de Lastic

9:49 AM, 21st May 2020, About A year ago

I have been an IHT specialist for 16 years. Although I fully respect what Mark had to say the contents of this video are very simplistic. There is more than one type of Whole of life insurance and just using insurance is usually the most expensive way of solving the IHT problem. Also many older people have health issues which makes insurance much more expensive. A mix of different trusts, using two different types of life insurance and for people with assets of over £2 million using Family investment companies normally provides a much more flexible and lower cost solution - Good advice is essential and most IFAs do not have enough experience in this area.

by JB

11:03 AM, 21st May 2020, About A year ago

My property company has just taken out a 'Relevant Life Plan' for the 'Life of Another' (me) which has been set up under trust for the benefit of my children. The premiums are paid for by the company but as the company doen't benefit from any payout, the premiums are tax deductible.
Any payout will not form part of my estate so will be inheritance tax free.


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