EDITOR'S LETTERMerryn Somerset Webb
How to avoid inheritance tax
I’ve been writing a bit about inheritance tax (IHT) recently. It turns out to be one of the most emotive financial subjects out there.
There is very little middle ground: readers either want it abolished immediately with a view to protecting their family assets, or they want it raised and made unavoidable immediately with a view to increasing financial equality in the UK.
However, there is one thing within the debate that, for the moment at least, everyone seems to agree on: if the tax can be avoided, they want to avoid it.
If we had a financial agony page (maybe we should – let me know if you think so), my guess is that the vast majority of questions from both the young and old would be about IHT. So, what’s the answer?
• Read the full editor’s letter here: How to avoid inheritance tax.