Monthly Archives: August 2023

The Other Threats to Family Wealth

We so often meet clients whose primary objective is to ‘reduce my Inheritance Tax liability’. Now this is a noble enough objective – the UK Inheritance Tax regime is one of the harshest death duty regimes in the world  (certainly compared with some of our peers on the world stage, Australia and the USA, who have either zero death duties or allowances so high it really is only the 0.1% who need worry about them) and it stands to reason that we would want to try to pass on more of our hard-earned wealth to our loved ones.