Top 10 Free Ways to Avoid Inheritance Tax

Top 10 Free Ways to Avoid Inheritance Tax - How to avoid UK Inheritance tax at zero cost? In this video we want to describe how to avoid UK Inheritance tax at zero cost. There are around 10 different strategies you can utilise to reduce your inheritance tax liabilities which will cost either nothing or close to nothing. However, you do need to understand what these strategies are, how they work, potential issues that might arise and how you can implement them easily. The UK inheritance tax avoidance strategies covered are: 1. spending the money 2. using the small annual gifts allowance for IHT 3. using the gifts on marriage allowance for Inheritance tax 4. using the gifts out of normal income allowance for inheritance tax 5. using the annual exemption of £3000 per year each 6. making direct gifts or potentially exempt transfers 7. making gifts into a trust or chargeable lifetime transfers 8. using the new residential nil rate band 9. using the normal nil rate band 10. buying exempt assets which attract different reliefs. This video does not seek to go into huge depth on all of these various inheritance tax planning strategies, but mainly to give you an overview of the UK inheritance tax strategies and possibilities that are open to you. We cover some of the planning that can be done by anyone seeking to reduce their inheritance tax liabilities. However, your best UK inheritance tax mitigation result is likely to come from utilising a range of these different strategies according to your needs. Therefore, experienced inheritance tax advice is essential ____________ 📌 Free resources • Free personalised video advice – submit your inheritance tax question: https://www.bluebond.co.uk/free-resou... • Free inheritance tax webinar – practical guidance and common pitfalls: https://www.bluebond.co.uk/free-resou... ____________ ✅ When you’re ready for tailored planning If you’d like a full inheritance tax or personal financial plan based on your specific circumstances, you can learn more here: https://www.bluebond.co.uk/financial-... ⚠️ This video is for general information only and does not constitute personal financial or tax advice. Tax rules may change and individual circumstances vary. #AvoidInheritancetax #inheritancetax