UK Inheritance Tax and estate planning seminar

Tax Partner, Tim Cook (Wilder Coe) and Zahra Kanani (Partner, Wills and Tax planning at Thackray Williams) hosted this in-depth seminar for the International Estate Planning Council on 23rd June 2022.

Focusing on cross-border estates, business assets and real estate, they talk through Inheritance Tax and planning strategies for UK and non-UK domiciled individuals.

00:00 Introduction
01:16 Tim Cook - Inheritance Tax (IHT) in the UK
07:44 Exemptions and tax rates for IHT
19:55 Business Property Relief
25:15 Transferable NRB & RNRB
29:56 Zahra Kanani - Wills for domiciled clients
32:22 Why write a will?
33:34 What does your "estate" include?
42:54 Will structures
51:53 Intestacy (dying without a will)
59:56 Challenges to Wills
1:15:22 Return after interval
1:16:45 Lasting Powers of Attorney ("LPA")
1:30:52 Tim Cook - IHT UK Residential Property
1:39:45 Q&A