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Inheritance tax: How to cut your bills by thousands with trusts | Personal Finance | Finance [Video]

Inheritance tax: Financial advisor provides advice

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On the UK Personal Finance Show podcast, financial expert Phil Anderson explained what steps he has taken towards retirement to make leaving money to his loved one’s tax efficient and easy. He said: “One bit of planning I’ve done myself is I’ve got various life insurance policies held in trusts.

“The benefit of that is one it goes to who I want it to go to.

“Two – it doesn’t form part of my estate for inheritance tax purposes if I was to die.

“Third, it plays out a lot quicker if I was to …

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Wentworth Mausoleum is an heritage-listed mausoleum located at Chapel Road, Vaucluse in the Municipality of Woollahra local government area of New South Wales, Australia. It was built from 1872 to 1874 by Mansfield Brothers, architects. It is also known as Wentworth Mausoleum and site. The property is owned by Anglican Church Property Trust and is managed by Sydney Living Museums as part of Vaucluse House. It was added to the New South Wales State Heritage Register on 2 April 1999.