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Inheritance tax planning is an essential consideration for anyone looking to safeguard their estate for future generations in the UK. One effective strategy to mitigate potential tax liabilities involves the use of trusts. Trusts can offer significant advantages, acting as a shield for your assets against excessive taxation.
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Life insurance is an integral component of inheritance tax planning. In the UK, it serves not only as a means to provide financial security to loved ones but also as a strategic tool to manage potential tax liabilities after one's death.
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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.