I12.201 Lifetime planning—introduction

IHT, trusts and estates

I12.201 Lifetime planning—introduction

Division I12.2     Lifetime planning

For updates affecting this Division please see Part I0 Updates

IHT—lifetime planning

I12.201 Lifetime planning—introduction

Generally speaking, the task of devising an estate planning strategy for a client will have two principal strands. First, the possibility of lifetime planning must be addressed. Secondly, the client's testamentary arrangements will need to be examined to ensure that the dispositions to be made on his death are structured so as to provide the best result from and IHT perspective. Ideally these should be tackled together.

With regard to lifetime planning, the following issues will need to be considered:


    (a)     Does the

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