Commentary

I12.1001 Insurance arrangements

IHT, trusts and estates

I12.1001 Insurance arrangements

Division I12.10     Insurance and pension scheme benefits

For updates affecting this Division please see Part I0 Updates

Other methods of funding IHT liability

I12.1001 Insurance arrangements

A reluctance on the part of some individuals to engage in lifetime IHT planning which involves parting with their assets means that sometimes other mechanisms must be used to fund IHT liabilities. In this connection appropriately framed insurance arrangements can be set up so as to place the right monies in the right hands at the right time. With this in mind, clients might wish to consider effecting joint lives and life survivorship cover

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