ABSTRACT
Common Inheritance Tax bloopers In matters of Inheritance Tax planning, just as there is scope for strategy, there is also potential for getting things expensively wrong. If you decide to launch into Inheritance Tax planning and you are not sure what you are doing (like DIY plumbing/electrics really), do consider taking professional advice from someone, such as a solicitor or a chartered accountant, whose advice is backed by indemnity insurance. Even if the professional just ‘blesses’ what you have thought up for yourself and want to do, the professional will carry the risk of any bloopers-that’s what you are paying them for!
