
For investors all around the world inheritance is often a concern and tax planning using offshore life policies can often help mitigate the tax. In the UK it is of particular concern.
The number of people liable to pay inheritance tax in the UK is growing as a result of the increased number of estates that fall outside the inheritance tax threshold.
Figures on the number of people actually paying inheritance tax show a similar trend.
Investors in the UK are therefore more likely than ever to be liable for inheritance tax. However it is important to gain independent financial advice to ascertain what the exact financial liability may be |