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
The importance of seeking advice about the upcoming changes to inheritance tax and pensions
The treatment of pensions within inheritance tax (IHT) is set to change materially. From 6 April 2027, most unused pension funds will be brought within the scope of an individual’s estate for IHT purposes. Historically, [...]
‘Gifting: Who should make the gift?’ published in Professional Adviser
A new article by Ken Maxwell, Director at John Lamb Hill Oldridge, has been published in Professional Adviser, addressing a key consideration in inheritance tax planning: who should make the gift? The article examines how [...]
‘How protection can help advisers support clients in funding or mitigating inheritance tax liabilities’ published in IFA magazine
In a recent article for IFA magazine, Holly Hill, Associate Director at John Lamb Hill Oldridge, examines the role of protection planning in supporting clients with inheritance tax liabilities. For high-net-worth and ultra-high-net-worth clients, protection [...]