Navigating Inheritance Tax: Gift Inter Vivos & Trust Structures
Expert Insights on Inheritance Tax Planning & Gift Inter Vivos Cover
In this video, Holly Hill, Associate Director at John Lamb Hill Oldridge, discusses the growing importance of “gift inter vivos” cover for individuals making significant financial gifts.
With upcoming financial shifts, strategic planning is essential to protect wealth across generations. Key topics covered in this video include:
Upcoming Legislation: A surge in generational wealth transfers is occurring ahead of the November 2025 budget and the April 2026 changes to APR (Agricultural Property Relief) and BPR (Business Property Relief) legislation.
Inheritance Tax Protection: Strategies to ensure significant assets remain protected from Inheritance Tax during the standard seven-year tail period.
Cost-Saving Strategies: How having a younger and fitter spouse makes a gift can drastically reduce life insurance costs, saving clients tens of thousands of pounds.
Trust Structures: The use of trust structures to guarantee that insurance premiums are securely managed and consistently paid over the seven-year term.
Other Insights
Arranging life insurance for a married couple to cover their £3 million inheritance tax liability
The clients, a married couple in their 60s, had three children in their 20s The couple had a £3 million inheritance tax (IHT) liablity They were seeking whole-of-life cover for their joint life IHT [...]
New pensions taxation rules
In this video, Director Paula Steele explains how the taxation of pensions could change from April 2027. Please click here to view the full video
Changes to IHT
In this video, John Lamb Hill Oldridge Director Paula Steele summarises the proposed changes to inheritance tax that were outlined in the Budget in October 2024. Please click here to watch the full video [...]