Protecting Your Assets
Protection of those you hold dear and the assets you have accumulated is probably the most important area of financial planning, but often the one that is most neglected. People are understandably reluctant to discuss or plan for the worst case scenario, but it is crucial that every eventuality is covered as it is only then that you can have true financial peace of mind. There are four key areas to look at in this area:
Lord Jenkins described IHT as "a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue". While this may be true of some, there are plenty of ways you can shelter your estate from IHT if you do some planning sooner rather than later.